Barbara M. De Luca
School finance is concerned with the amount of funding available, the way those funds are collected, the way those funds are allocated, and the resources they provide to public education. It is concerned with the equitable distribution of the burden to taxpayers and the benefits to students. This entry reviews the history of school finance in the United States and concludes with a discussion of current practices and issues surrounding school finance. The period from the mid-1600s through the very early 1800s is considered the pre-public era in school finance in America. In general, this era saw most education paid for privately; there was little public financial responsibility for schooling. The earliest education in the Colonies in the 1600s in Massachusetts was in the form of apprenticeships for young men only. They not only learned a trade, but also studied religious principles and the law. This education was paid for ...