Putting a Price Tag on the Common Core

Today, Fordham is releasing a new report on the costs of putting the Common Core State Standards into place around the country. Putting a Price Tag on the Common Core: How Much Will Smart Implementation Cost? estimates the implementation cost for each of the forty-five states (and the District of Columbia) that have adopted the Common Core State Standards and shows that costs naturally depend on how states approach implementation. Authors Patrick J. Murphy of the University of San Francisco and Elliot Regenstein of EducationCounsel LLC illustrate this with three models:

Pricing the Common Core
Download Putting a Price Tag on the Common Core to learn more.
  • Business as Usual. This “traditional” (and priciest) approach to standards-implementation involves buying hard-copy textbooks, administering annual student assessments on paper, and delivering in-person professional development to all teachers.
  • Bare Bones. This lowest-cost alternative employs open-source instructional materials, annual computer-administered assessments, and online professional development via webinars and modules.
  • Balanced Implementation. This is a blend of approaches, some of them apt to be effective as well as relatively cost-efficient.

The report examines the tradeoffs associated with each strategy and estimates how much the three approaches would cost each state that has adopted the Common Core. The authors also point out that, since states already invest billions annually in professional development, assessments, textbooks, and other expenses in connection with existing standards, proper forecasting of Common Core costs should “net out” the sums that states would spend anyway for activities that this implementation process will replace.

To learn more, download the report and watch this short video explaining the key findings:

Also, be sure to tune in to the webcast of this afternoon's panel discussion on the costs of implementation at 4 p.m. EDT, featuring Murphy, Achieve President Michael Cohen, former Florida Education Commissioner Eric J. Smith, and former Department of Education official and Common Core skeptic Ze'ev Wurman.

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