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You are here: Home Newsroom Education News Roundup Archive 2010 October 2010 Schools making deep cuts to jobs, programs, report finds

Schools making deep cuts to jobs, programs, report finds

  • 10-08-2010
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Blog by Sean Cavanagh/Education Week

School districts around the country are laying off teachers, cutting instructional programs, and eliminating student activities as they absorb the lingering effects of "The Great Recession," according to a new report. And while the recession appears to have officially ended in 2009, it could take a long time—up to a decade—for district budgets to recover to their pre-recession levels, according to the report, published by the Center for Public Education, which is a part of the National Schools Boards Association. The reason for that slow return to prosperity? School district budgets are likely to suffer from lagging home prices, poor state budgets, and reduced federal stimulus funding, which is expected to run out by 2011, according to the report, which was released today. States are also likely to have to pay higher costs in state employee retirement programs, which are underfunded, among other areas. (more…)

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