Policy to Realize the Promise of Short-Cycle Programs
evidence on this issue would require longitudinal information and cross-country taxonomy for regulations. Such data are currently not available. Nonetheless, this study provides evidence on returns that could be used in the future to analyze that question. 18. For example, the Public Charter School Board in Washington, DC, is the sole charter school authorizer in the city (https://dcpcsb.org/). To apply for a charter, a prospective entrant must submit an exhaustive business and academic plan and participate in multiple interviews with the authorizer. Only a third of entry applications are approved. Every year, the authorizer conducts a thorough annual review of every school according to well-defined guidelines contained in the Performance Evaluation Framework. In addition, the authorizer visits the schools multiple times a year. Based on the annual evaluation, the authorizer classifies the charter schools into three tiers and publishes all evaluations. 19. Bailey, Jaggars, and Jenkins (2015). 20. See http://ecahe.eu/w/index.php/Dublin_Descriptors as well as chapter 1. 21. See https://ccrc.tc.columbia.edu/Community-College-FAQs.html 22. Bailey et al (2015).
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