Dollars & Sense: The Cost Effectiveness of Small Schools.

This publication summarizes research on the educational and social benefits of small schools and the negative effects of large schools on students, teachers, and members of the community, as well as the "diseconomies of scale" inherent in large schools. It asserts that research shows that measuring the cost of education by graduates rather than by all students who go through the system suggests that small schools are a wise investment. Using data drawn from 489 schools submitted to design competitions in 1990-2001, the publication concludes that small schools can be built cost effectively and that many districts are doing so. (Contains 77 references.) (EV)