Financial Crisis

The latest news about the effect of the financial crisis on education, including articles, Commentaries, and special features.

Students move through the halls of Meadows Elementary School in Fort Hood, Texas, in February. Meadows is one of nine public schools on Fort Hood operated by Killeen Independent School District, which stands to lose at least $2.6 million before the end of the year if across-the-board federal spending cuts take effect.
—Todd Martin/Killeen Independent School District/AP-File

'Sequester' Impact Proves Tough to Track

School districts are feeling varied levels of pain from across-the-board federal budget cuts that even seasoned number-crunchers find hard to illustrate and quantify. (August 2, 2013)

Spotlight on the Stimulus

This Spotlight brings together the latest information and analysis on the federal economic-stimulus package.

Issue Backgrounder

For more background on this topic, see:
School Finance

Chat Transcript

Education's New Economic Reality
In this 2011 chat, experts discussed the impact of the ‘Great Recession’ on schools.

Special Collection

Quality Counts 2011
This report examined both the lingering concerns the about the economic recovery, and opportunities for innovation despite depleted budgets.

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Most states are feeling a modest funding lift, experts on education finance say, but revenue streams remain unstable.
August 26, 2014 - Education Week
Facebook founder Mark Zuckerberg's recent $120 million gift to San Francisco Bay Area public schools is no panacea—just ask Newark, writes Frederick M. Hess.
July 16, 2014 - Education Week
Inconsistent state funding, charter school costs, debt payments, and education cuts all play a role in the school system's recurring fiscal crises.
May 6, 2014 - Education Week
More than $50 billion in aid to recession-strapped states helped shape how they used and collected education data, though some struggled to comply with the strings attached.
May 6, 2014 - Education Week
The deal ending the partial government shutdown sets the stage for another high-stakes fight over federal funding—and the fate of sequestration.
October 18, 2013 | Updated: October 24, 2013 - Education Week
School districts are cutting professional development and technology and shifting money from general education as they cope with the impact that federal funding cuts are having on the flow of money to special education programs.
October 1, 2013 - Education Week
A recently affirmed Missouri law that allows students to transfer out of unaccredited districts—at the home district's expense—could bankrupt two districts.
September 24, 2013 - Education Week
Officials rehire some laid-off staff with $50 million in emergency aid in the pipeline, though details remain in flux.
August 23, 2013 - Education Week
As they prepare to open schools for the year, Philadelphia officials grapple with short-term budget crises and longer-term concerns about the district's financial sustainability.
August 16, 2013 - Education Week
School districts are feeling varied levels of pain from across-the-board federal budget cuts that even seasoned number-crunchers find hard to illustrate and quantify.
August 2, 2013 - Education Week

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