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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A new settlement in Los Angeles curbs the district's use of 'last hired, first fired' policies when struggling schools are disproportionately affected.
October 12, 2010 - Education Week
Democratic Gov. Ted Strickland and Republican challenger John Kasich battle over a school-finance model amid a gloomy economic landscape.
October 7, 2010 - Education Week
Overhauling school finance systems offers a way to cut budgets without losing sight of student learning, Jacob E. Adams Jr. writes.
September 10, 2010 - Education Week
Some use cash to reverse layoffs, while others plan to hold onto the aid as the stimulus "funding cliff" looms.
August 23, 2010 - Education Week
Phillip Harris and Bruce Smith caution against evaluation systems that lead districts to lay off their best and brightest teachers.
August 20, 2010 - Education Week
State-level policymakers differ sharply on approaches to the common standards debate and a continued fiscal squeeze.
August 20, 2010 | Updated: March 23, 2012 - Education Week
Some districts had to cut services, while others found ways to serve a growing number of children in need.
August 16, 2010 - Education Week
The $10 billion measure is aimed at keeping more than 160,000 teachers on the job, but it would cut funds for adolescent literacy and teacher training.
August 10, 2010 | Updated: March 23, 2012 - Education Week
States are raising GPA or college-entrance scores, offering a flat amount of tuition, or eliminating the merit-based scholarships.
August 10, 2010 - Education Week

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