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Baker, Bruce D. – Education Policy Analysis Archives, 2014
The Great Recession's effect on state school finance systems was unlike previous downturns in the early 1990s and early 2000s in that it: a) involved a greater loss of taxable income in many states, thus greater loss to state general fund revenues, b) also involved a substantial collapse of housing markets and related reduction or at least…
Descriptors: Educational Finance, Economic Climate, Financial Support, Poverty