After nearly a decade, state investments still way down in some states
The Center for Budget and Policy Priorities in Washington, DC recently issued the alarming results of a recent survey reporting the decline of public investments in K-12 schools over the last decade. Worse, most of the deepest cutting states have also cut income tax rates weakening their main revenue source for public schools.
The survey found that: 1) Thirty-five states provided less overall state funding per student in the 2014 school year (the most recent year available) than in the 2008 school year, before the recession took hold. 2) In 27 states, local government funding per student fell over the same period, adding to the damage from state funding cuts.
Our country’s future depends heavily on the quality of its schools. It is troubling therefore, to see these alarming trends going in the opposite direction. These budget cuts, undermine schools’ capacity to develop the skills and abilities of the next generation of workers and entrepreneurs. We must do everything we can to turn these dangerous trends and increase state and federal funding in education. Out future depends upon it!
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