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How Has the Financing of Elementary and Secondary Education Changed

question 11

Essay

How has the financing of elementary and secondary education changed in the United States since 1940? What is the primary reason for this trend?


Definitions:

Pension Plan

A pension plan is a retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.

Overfunded

A situation where a pension plan's assets exceed its liabilities, indicating that there are more than enough funds to meet future obligations.

Underfunded

A term referring to insufficient funding to meet future obligations or commitments.

Funding Requirements

The total amount of capital needed to support a business's operations, projects, or to fulfill other financial commitments.

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