TY - JOUR T1 - Still No Effect of Resources, Even in the New Gilded Age? JF - RSF: The Russell Sage Foundation Journal of the Social Sciences SP - 83 LP - 116 DO - 10.7758/RSF.2016.2.5.05 VL - 2 IS - 5 AU - Stephen L. Morgan AU - Sol Bee Jung Y1 - 2016/09/01 UR - http://www.rsfjournal.org/content/2/5/83.abstract N2 - The Coleman Report argued that family background is a fundamental cause of educational outcomes, while demonstrating the weak predictive power of variation in expenditures and facilities. This paper investigates the effects of family background, expenditures, and the conditions of school facilities for the public high school class of 2004, first sampled in 2002 for the Education Longitudinal Study and then followed up in 2004, 2006, and 2012. The results demonstrate that expenditures and related school inputs have very weak associations not only with test scores in the sophomore and senior years of high school but also with high school graduation and subsequent college entry. Only for postsecondary educational attainment do we find any meaningful predictive power for expenditures, and here half of the association can be adjusted away by school-level differences in average family background. Altogether, expenditures and facilities have much smaller associations with secondary and postsecondary outcomes than many scholars and policy advocates assume. The overall conclusion of the Coleman Report—that family background is far and away the most important determinant of educational achievement and attainment—is as convincing today as it was fifty years ago. ER -