Posts Tagged ‘Re-education system’

In the past year, Congress has rushed more than $204 billion in federal emergency funds to states to support K-12 schools. But 23 states had fewer incoming students this fall. This declining enrollment is likely in part due to pandemic-related trends but is also a symptom of changing birth rates and families geographically relocating. Long-term losses in enrollment can have grave financial ramifications for school districts. Fewer students mean smaller budgets because state funding formulas use enrollment to determine how many dollars a school district will receive each year. Despite declining enrollment and less per-pupil funding, states and school districts are still obligated to fund expensive staff and retiree benefit programs. These programs usually have enormous costs due to underfunded teacher pensions. For many schools losing students, vast portions of their already shrinking budgets go to paying off growing pension debts. Data finds that employer retirement…