The numbers are staggering. Since states began to issue shelter-in-place orders, virtually all 50 states have significantly reduced economic activity, and over 35 million Americans have lost their jobs. The International Monetary Fund predicted that this will be the worst economic downturn since the Great Depression. This downturn will impact state tax revenue and thus result in reduced state P-12 education spending. The questions are, how badly will the public education system be affected, and what can state policymakers do about it?
CATEGORIES: Education Funding
PUBLISHED: May 22, 2020
RESOURCE TYPE: Blog Post
EDUCATION LEVEL: K-12
STATE(S): Unspecified