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States were granted trust lands by the U.S. Congress to generate revenue to fund public institutions, primarily public schools. Read more
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Overspending of state trust permanent funds reduces future school funding and incentivizes sales of trust land and nonrenewable resources. Read more
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Changing economies, new land uses, shifting social values, and political pressure create challenges for state trust land managers. Read more
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Advocates of transferring federal land to states point to the superior ability of state trust lands to generate revenue, but our analysis finds significant economic and fiscal disadvantages. Read more
