Michigan’s school funding system ‘fundamentally broken,’ say backers of new education finance study

A new education finance study will provide a clearer picture of what it costs to educate Michigan’s K-12 students, data that will prove useful as policymakers seek to boost academic achievement statewide, supporters of the study say.

The study was commissioned by the School Finance Research Collaborative, a group that consists of education experts and business leaders, and is expected to be released in January.

In an interview with MLive.com, three supporters of the collaborative spoke about the need for the study and why they believe Michigan’s current school funding formula is “fundamentally broken.”

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