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A Brief Analysis of Issues Associated With Debt Financing for the State of Arizona “Students First” School Capital Funding System
Director, Office of the University Economist; Director, Center for Competitiveness and Prosperity Research; Professor of Economics
Compares the existing system of financing the construction of new schools through current expenditures from the general fund with the alternative of using long-term debt financing. Debt financing is an appropriate mechanism for school construction because the benefits of new schools extend far beyond the year in which the school is constructed.
Director, Office of the University Economist; Director, Center for Competitiveness and Prosperity Research; Professor of Economics
Dennis received a B.A. in economics and mathematics from Grand Valley State University, a M.S. in economics from Michigan State University, and a Ph.D. in economics from Michigan State University in 1978. He has served on the faculty of the Department of Economics at ASU since 1979, as director of ASU’s L. William Seidman Research Institute (2004-24), and as the director of the Office of the University Economist since 2005.
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