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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:
Download Putting a Price Tag on the Common Core to learn more.
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.