Financial Crisis

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

California Gov. Jerry Brown discusses his state budget plan during a news conference earlier this year in Sacramento, Calif. Brown is staking much of his budget and political capital on a tax increase that California residents will vote on Nov. 6.
—Rich Pedroncelli/AP

California Districts Wary in Advance of Tax Vote

California school districts shy away from budget commitments that hinge on passage of a tax hike in November. (July 16, 2012)

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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The poor economy is reshaping superintendents' work lives, causing some to share jobs, do double duty, or work part time.
January 30, 2012 - Education Week
Community-based services are a priority in a system that funnels provincial aid to local schools.
January 9, 2012 - Quality Counts
American policymakers examine how other nations invest in getting students ready for life after high school.
January 9, 2012 - Quality Counts
Education aid would fall by $3.5 billion in 2013 under one scenario requiring across-the-board cuts to government.
December 1, 2011 - Education Week
The supercommittee admits defeat, and Andrew L. Yarrow looks at what this could mean for public schools.
November 22, 2011 - Education Week
States looking for relief from elements of NCLB must show they worked with stakeholders in the planning process.
November 8, 2011 - Education Week
School budget cuts imposed by governors and state lawmakers in the past year loom as an electoral issue in 2012.
November 8, 2011 - Education Week
As voters cast their ballots, conventional wisdom about Prop. 103 goes something like this: They won’t support a statewide tax increase in tough economic times.
November 1, 2011 - Education Week
More than $2 billion in stimulus education money was still left, at least on paper, as the Sept. 30 spending deadline passed.
October 18, 2011 - Education Week
The cost of testing is a paper tiger; instead, criticism should be leveled at how we assess students, argues Bill Tucker.
October 11, 2011 - Education Week

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