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Chakrabarti, Rajashri; Setren, Elizabeth – Institute for Education and Social Policy, 2012
There is a slowly emerging literature that seeks to understand how the Great Recession affected other parts of the economy; however, there is no research that examines the effect of Great Recession (or any other recession) on schools. Given the fundamental role of education in human capital formation and growth, it is essential to understand the…
Descriptors: Economic Climate, Educational Finance, School Districts, Financial Support
Kober, Nancy; Rentner, Diane Stark – Center on Education Policy, 2011
Many school districts had to cope with shrinking budgets this past school year, but the effects of these cuts were cushioned to some extent by the availability of federal economic stimulus money. In 2009 and 2010, school districts received about $80 billion from the American Recovery and Reinvestment Act of 2009 (ARRA). These funds were intended…
Descriptors: School Restructuring, Educational Finance, School Districts, Educational Change