This report and brief from the Learning Policy Institute show that investing in students from low-income families, students of color, and their schools can reduce disparities in educational opportunities and outcomes. The brief summarizes the findings from a longer report that presents a brief explanation of the goal of school finance reforms as well as summaries of the main bodies of evidence that illustrate how equitable and adequate school funding improves student outcomes. It closes with information about how certain kinds of specific investments can help to achieve these outcomes.