Why Are State Budget Cuts to Education the “New Normal”?
When the housing bubble ginned up by Wall Street went into freefall some time around 2007-2008, housing values plummeted and with them evaporated crucial state funding for K-12 schools based on residential real estate valuation. The Center for Budget Policy and Priorities has said that for 2012-2013, the budgets of thirty states will continue to reflect shortfalls in funding and that this graph sh... »
