After three generations of steadily increasing per-pupil spending, American schooling is confronting several years of flat or declining per-pupil revenues. Some analysts project that funding will remain tight for a half decade or more. How can education leaders steer their schools through this fiscally challenging period without slowing the push for reform? How can they make strategic cuts in these tough times to improve efficiency and quality? What kind of leadership and support might the federal government provide on this score? Join us for a conversation with U.S. Secretary of Education Arne Duncan and Superintendent Shawn A. McCollough of Nogales Unified School District, who will discuss the challenge of improving cost-effectiveness in K-12 schooling.