The Pandemic Is Driving America's Schools Toward A Financial Meltdown

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The Pandemic Is Driving America's Schools Toward A Financial Meltdown
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School leaders are warning of a financial meltdown that could devastate many school districts and set back an entire generation of students. Districts could lose 300,000 teaching jobs, and the ability to feed, educate and ensure the safety of children.

In many states, these cuts will hit vulnerable, low-income communities the hardest. That's because of how America funds education. On average, the bulk of a school's resources comes from a roughly even split between state and local funding, the latter largely from local property taxes.But differences in property wealth between districts have created decades-old disparities that many states have tried to alleviate with additional state money.

The current pandemic-driven downturn promises to be even harder on schools."From the numbers we're looking at right now, this coming year could be maybe twice as bad, or more, than the worst year we had during the Great Recession," Griffith says."We know that in April, school districts nationally furloughed or laid off nearly half a million workers," says Leachman at the Center on Budget and Policy Priorities."That is an astonishing number.

Leachman says many of those affected have been bus drivers and school staff who were laid off as schools closed their doors for the remainder of the academic year. A lot of them obviously hope to return."But, given the collapse in state revenues, it's likely that unless the federal government steps in ... many of these workers will never get their jobs back.

Other school budget experts are singing a similar refrain, as are district leaders such as Austin Beutner, who warned in his video address that schools would need the same emergency infusion of resources that hospitals and many businesses have already gotten. "We're looking at the same challenge in public education, and we need the same full-throated response," Beutner said.

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