Lawrence O. Picus

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Lawrence O. Picus
Richard T. Cooper and Mary Catherine Cooper Chair in Public School Administration, Professor of Education Finance, Policy, and Associate Dean for Faculty Affairs, Rossier School of Education,
University of Southern California

Lawrence O. Picus is the Richard T. Cooper and Mary Catherine Cooper Chair in Public School Administration, professor of education finance and policy, and associate dean for faculty affairs in the Rossier School of Education at the University of Southern California. He was also past president of the Association for Education Finance and Policy and has served on the board of directors for EdSource. Picus is an expert in public school finance, focusing on equity, adequacy, and resource allocation. He co-developed the widely used Evidence-Based method for estimating the funding resources needed to ensure all students have the opportunity to meet performance standards. He has consulted extensively on school finance issues in more than 20 states. Picus earned his BA in economics from Reed College, an MA in social science from the University of Chicago, and a PhD in public policy analysis from the RAND Graduate School.

updated 2025

Publications by Lawrence O. Picus
California and Senate Bill 813
In 1983, the California legislature enacted a series of incentive programs intended, in part, to encourage local school districts to devote more resources toward instructional expenditures. Analysis of district response to those incentives shows…
What Did Senate Bill 813 Buy?
California's K-12 schools are supported by a vast amount of public money, and education financing has become an intensely political issue. This report analyzes school financing outcomes, including equity, efficiency, distributional consequences, and…