Complete Coverage
Education and the Financial Crisis

The most recent news from Education Week and the Associated Press on the global financial crisis and its impact on education in the United States and across the globe.

New Budget Year Brings More Turmoil in States

July 6, 2009, AP

New Mexico: Teachers' Union Fights Pension Hike

July 6, 2009, AP

States Without Budgets as Key Deadline Passes

July 2, 2009, AP

Lawmakers Conflicted Over Ariz.'s Education Veto

July 2, 2009, AP

Governor, Lawmakers Blow Deadline as Calif. Budget Hole Deepens

July 1, 2009, MCT

Detroit Schools May Go Broke, State Overseer Says

June 30, 2009, AP

Calif. Senate Rejects Cash-Saving Proposal

June 26, 2009, AP

NEA Sues Over Money Lost in Madoff Scam

June 25, 2009, AP

Budget Crisis Forces Deep Cuts at Calif. Schools

June 22, 2009, AP

Amid Recession, Demand Rises for School Lunches

June 22, 2009, AP

Hawaii Public Schools May Cut School Year

June 22, 2009, AP

Recession's Impact: High School Sports Face Cuts

June 15, 2009, AP

Layoffs Mean L.A. Schools Lose New Breed of Teachers

June 15, 2009, AP

Dallas Schools Urged to Borrow $100M

June 12, 2009, AP

Budget Outlook For States: Grim

State spending is predicted to fall again in fiscal 2010 despite the federal economic-stimulus package, likely meaning more cuts for K-12. June 11, 2009

Lottery Education Dollars Slipping in Okla.

June 9, 2009, AP

Economy Forces 2009 Grads to Dump Dream Colleges

June 9, 2009, AP

California Crisis Slams K-12 Hard

As the state’s finances continue to melt down, educators say they won’t be able to avoid direct hits to the classroom this time around. June 8, 2009

More School Districts Consider 4-Day Week

June 8, 2009, AP

Arizona Teachers Recalled After April Layoffs

June 8, 2009, AP

At Least 12 Idaho Districts Declare Emergencies

June 1, 2009, AP

29 Detroit Schools to Be Closed in the Fall

May 13, 2009, AP

Nevada Educators Rally for More Funding

April 14, 2009, AP

Recession Hits Students Who Need Jobs for Diploma

April 13, 2009, AP

4-Day School Week Gains Momentum Amid Recession

March 12, 2009, AP

California Schools Girding for Cuts Under Fiscal Plan

The state is using creative budget maneuvers to mitigate the pain of cutbacks needed to close a projected $42 billion deficit. February 24, 2009

Ohio School District Considers Eliminating Sports

February 8, 2009, AP

DC Area School Systems Squeezed by Economy

February 6, 2009, AP

S.C. Bill Allows Class Size Increase, Lower Salaries

February 5, 2009, AP

Ala. Finance Officials Say School Revenues Down

February 2, 2009, AP

Stimulus Bill Clears House With School Aid Intact

School districts, colleges, and early-childhood programs would receive some $125 billion in one-time emergency aid under legislation that advanced to the Senate. Updated: January 30, 2009

States Anxious to Get Details About Stimulus

State leaders are awaiting details of the more than $120 billion in proposed emergency education aids so they can make specific plans to spend the economic-stimulus money. January 27, 2009

Stimulus School Money Could be Hard to Cut Later

January 26, 2009, AP

Stimulus Plan Aids Education

Cash-strapped school districts could see an unprecedented $100 billion infusion of federal aid under a massive economic-stimulus package unveiled by House Democrats this week. January 16, 2009

Districts Scrounge for Low-Pain Budget Cuts

School systems are raising private money, upping fees, and squeezing savings from existing budgets to minimize layoffs and spare programs. January 15, 2009

S.C. Gov Would Cut School Money, Add to Medicaid

January 12, 2009

School Groups Hope K-12 Snags Portion of Stimulus

Education groups are hoping for a major infusion of cash from any economic stimulus package, to help put financially struggling school districts on firmer fiscal footing. December 23, 2008

States Eye Solutions as Budget Ax Hits Schools

Idaho is bracing for deep education cuts, Kansas is working to prevent any, and Alabama is weighing a gambling tax to fund education. December 17, 2008

K-12 Threatened as State Spending Slumps

December 15, 2008

Public Colleges Weigh Tuition Hikes

Public colleges and universities in Georgia, Idaho and Nebraska are also considering drastic cost-cutting measures to make up for losses in state revenue. December 2, 2008

Belt-Tightening Puts State Chiefs on Spot

In state after state, ballooning deficits are hitting an education bureaucracy charged with carrying out a growing list of mandates. December 2, 2008

More States Grapple With Budget Shortfalls

November 26, 2008, AP

Financial Crisis Drives Up Interest in Economics

November 24, 2008, AP

New Indiana Budget Could be Tough on Schools

November 24, 2008, AP

Economy Forces Delay of Conn. School Reform Plan

November 24, 2008, AP

States Scramble to Contain Ed. Shortfalls

November 21, 2008, AP

S.D. State Budget Bleak

November 18, 2008, AP

Education Groups Say Montana Budget Too Thin

November 17, 2008, AP

State Budget Chills Send Shivers Through K-12 Circles

With California’s fiscal outlook worsening, Gov. Arnold Schwarzenegger last week called state lawmakers into a special session to balance the current budget, while governors in other states sounded alarms about their own revenue problems. November 11, 2008

Arizona School Districts Considering 4-Day Weeks

November 10, 2008, AP

July 6, 2009 | RSS | All RSS feeds