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Thursday, August 28, 2014

Fiscal Recovery Buoys K-12 Budgets as School Year Opens

Education Week – Andrew Ujifusa

“The modest but steady recovery of state K-12 budgets over the past few years is expected to continue, national experts on education finance say, although to what extent schools and districts will feel a real impact from budget changes for the 2014-15 school year is an open question.” (more)

Saturday, August 23, 2014

Why You Might Want More Than One College Savings Account

Time – Kerri Anne Renzulli

“The good news: There is no difference in how Coverdell ESAs and 529 savings plans factor into your child’s student aid, says Mark Kantrowitz, publisher of Edvisors.com, a website that helps people plan and pay for college.” (more)

Friday, August 22, 2014

LAUSD report faults iPad bidding

The L.A. Times – Staff Writer

“The groundbreaking effort to provide an iPad to every Los Angeles student, teacher and school administrator was beset by inadequate planning, a lack of transparency and a flawed bidding process, according to the draft of an internal school district report obtained by The Times.” (more)

Florida governor vows record education spending in re-election bid

Reuters – Bill Cotterell

“Governor Rick Scott, under intense criticism by his main opponent for cuts in school spending, on Thursday promised record spending on education next year if he wins a tough re-election campaign.” (more)

Thursday, August 21, 2014

How to Save up to 70% on College Textbooks

Time – Laura M. Colarusso

“While the cost of class materials is going up, students are spending less on average. Here’s how they’re cutting their costs—and how you can, too.” (more)

Monday, August 18, 2014

Report: Cost to raise today’s child tops $245,000

The San Francisco chronicle – Staff Writer

“A child born in 2013 will cost a middle-income American family an average of $245,340 until he or she becomes an adult, with families living in the Northeast taking on a greater burden, according to a report out Monday.” (more)

Sunday, August 17, 2014

Heading Off to College? Time to Think About Banking Needs

The New York Times – Ann Carrns

“IF you’re a student heading off to college for the first time, you have a lot of options for handling your money these days. It makes sense to think about it before you arrive on campus and find yourself swept up in the back-to-school whirlwind.” (more)

Saturday, August 16, 2014

The Hidden Half: School Employees Who Don’t Teach

Education Next – Chester E. Finn, Jr.

“Why do American public schools spend more of their operating budgets on non-teachers than almost every other country in the world, including nations that are as prosperous and humane as ours? We can’t be certain. But we do know this:.” (more)

Philadelphia schools to open on schedule despite shortfall

Reuters – Sean Landis

“Philadelphia’s cash-strapped public schools will open on schedule in three weeks after $32 million of budget cuts, the school district’s superintendent said on Friday, easing fears of closures or a late start to the school year to save money.” (more)

Tuesday, August 12, 2014

The Philadelphia School District’s Ongoing Financial Crisis

Education Next – John Caskey and Mark Kuperberg

“Each year, as predictably as classes end in June, the School District of Philadelphia faces a budget crisis for the coming school year. In 2014, the School Reform Commission, the school district’s state-imposed governing body, for the first time and in violation of the city charter, refused to pass a budget, arguing that there were insufficient funds to run the schools responsibly.” (more)