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- Creators: Barrett, The Honors College
The model developed in this paper builds on the work of Mark Gradstein and Michael Kaganovich who demonstrated that while increasing longevity in a two-generation OLG model with two municipal districts creates a downward pressure on tax rates, this effect is dominated by changing political incentives among workers. This paper expands upon the Gradstein-Kaganovich model by introducing endogenous migration rates between districts in the model in order to reflect households’ incentives to minimize tax burden in retirement. It can be shown that as consumers’ responsiveness to differences in tax rates increases, the difference in education funding levels between districts decreases despite the difference in the relative share of elderly individuals in each population increasing. This result stems from the changes in each districts’ tax base brought on by the endogenous migration rate. Based on this finding, this study concludes that retirees function as a positive financial externality when education funding is tied to consumption levels and reaffirms Gradstein and Kaganovich’s conclusion that increasing the relative share of elderly individuals in a population does not necessarily result in decreased funding for public education as conventional wisdom would suggest.
The COVID-19 pandemic has forced educators since 2020 to shift from all in-person learning to virtual learning through applications like Zoom. Students are now part of a collage of faces including their teachers’ who often may be dealing with technical glitches, foreign-looking interfaces, and unintentionally disruptive students. On the other side, students may struggle to find a stable working environment as they learn from home. Distance learning has been explored well before 2020, but its necessity, given the nature of a virus that preys on in-person interaction, has forced itself to the top of relevant conversation. . The issues with distance learning in primary education have roots in long standing issues with the education system as a whole. Without greater public awareness of the woes in our education system, the status quo of declining academic success, teacher salaries, and increasing classroom sizes will continue in the future. The problems with distance learning specifically represent a much more everlasting issue that is lack of accountability and action of lawmakers who are able to make these reforms.
After doing projects at Maryvale High School with the director of the gifted program and her students, I was inspired to investigate if Maricopa County’s public school funding data would show a correlation between higher proportions of Hispanic/Latino students and less funding. The per-pupil expenditures were compared with the proportion of the student population that was Hispanic/Latino. I proposed that these two factors would show an inverse correlation in the public school districts of Maricopa County and in the high schools of the Phoenix Union High School District (PUHSD). This hypothesis was refuted, and no correlation was shown at the district level nor at the high school level. While there was little correlation between race/ethnicity and per-pupil expenditures, there were still huge disparities between the districts of Maricopa and among the high schools of PUHSD. These results might indicate the current state of public-school funding, but they are insufficient in describing the entirety of education in Maricopa. The lived experiences of the students I worked with indicated that they felt less privileged than their peers in both public and charter schools. Further research must be done to investigate how the inclusion of private schools, charter schools, and additional schools in Maricopa County influences these variables of race/ethnicity and per-pupil expenditures. Further research should also be done to compare different variables to race/ethnicity, such as rates of high school graduation and college acceptance.
