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Economic globalization has been accompanied by implementation of education reforms linked to accountability and public finance schemes that emphasize student choice in schools and student loans in higher education. In the U.S. these reforms are rationalized based on intermediate variables. the reforms rationalized based on this research are seldom evaluated in relation to outcomes . In Education and the Public Interest the editor re-examines the political rationales for these reforms.This volume undertakes a comparative study of the states in the U.S. to examine how education reforms influence student achievement, high school graduation, and college access; and finance schemes influence college access.