September 12, 2013
September 12, 2013
States’ new budgets are providing less per-pupil funding for kindergarten through 12th grade than they did six years ago — often far less. The reduced levels reflect not only the lingering effects of the 2007-09 recession but also continued austerity in many states; indeed, despite some improvements in overall state revenues, schools in around a third of states are entering the new school year with less state funding than they had last year. At a time when states and the nation are trying to produce workers with the skills to master new technologies and adapt to the complexities of a global economy, this decline in state educational investment is cause for concern.
This Center on Budget and Policy Priorities review of state budget documents finds that:
Restoring school funding should be an urgent priority. The steep state-level K-12 spending cuts of the last several years have serious consequences for the nation.
To read the full report, visit the CBPP website.
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