From the business world to sports to education, analytics are all the rage, as rapidly evolving technology and data systems unleash a flood of new metrics that decision makers can use in developing strategies and making choices. But even with the smorgasbord of new information, some potentially important indicators remain unavailable.
That’s certainly true in the education finance arena, where policies are still driven, at least in part, by the unknown and by the lack of detailed data on key topics.
“[School] system leaders often seem unaware of the unintended consequences of long-standing spending practices,” Marguerite Roza, the director of the Edunomics Lab at Georgetown University, and Carrie Stewart, managing director of the Afton Partners consulting firm wrote in an article for AASA, the School Superintendents Association. They suggest that digging into school-level-spending data can help in better understanding these patterns.