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Download full textRentner, Diane Stark; Kober, Nancy – Center on Education Policy, 2012
The economic downturn of the past few years has taken a toll on state budgets for elementary and secondary education. The $100 billion for education provided by the American Reinvestment and Recovery Act (ARRA), better known as the economic stimulus package, helped to blunt some of the harshest effects, but these funds have been nearly depleted.…
Descriptors: State Surveys, Educational Change, State Agencies, Superintendents
Cohen, Jennifer S. – New America Foundation, 2011
By late 2008, the United States was in the midst of its most severe economic recession since the 1930s, brought on by a collapse in real estate prices and exacerbated by the failure of many large banks and financial institutions. Heeding calls from economists, Congress and the Obama administration passed a historic law in early 2009 to stimulate…
Descriptors: Higher Education, Educational Finance, Trend Analysis, Economic Impact
