Equality means every student has the same access to the same type of basic educational program. One example of this is the provision of foundational courses that serve all students and that all students have access to. Another would be the basic allotment for education of students.
Equity means that the system is fair and responds to the needs of individuals. Two examples of equity would be special education students receiving extra services with special education funding, and compensatory funds for low socioeconomic students.
Adequacy means that the school district receives financial support sufficient to meet state accreditation standards. Adequate funding of textbooks may mean that a full class set of textbooks is adequate to uphold the effectiveness of the educational program. Also, teacher salaries meeting the minimum state requirements, low as they are.
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