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Saturday, August 16, 2014

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)

Thursday, August 7, 2014

Boost in California Education Budget Not Reflected in Results

Education News – Kristin Decarr

“Despite a continually increasing budget, the California education system has not shown much progress in the last 10 years. Since 1970, the states’ education budget has increased by 80% to its current amount of $152.3 billion…However…California shows no improvement in the areas of reading and math.” (more)

Thursday, July 31, 2014

Principals Test Entrepreneurial Ideas in K-12

Education Week – Michelle R. Davis and Michele Molnar

“Faced with a rapidly changing set of challenges, including tight budgets, new technologies, and competition for students, some school leaders are incorporating entrepreneurial practices into their operations.” (more)

Sunday, July 27, 2014

Learning Personal Finance as a Life Skill


“…the inclusion of financial literacy in PISA, considered the most important global comparison of 15-year-olds, is a sign that the subject is taking center stage in the education discussion around the world…Experts appear to agree that this is an increasingly necessarily skill, but that the PISA findings show that not enough has been done to teach it.” (more)

Friday, July 18, 2014

Getting your children involved in saving for college

Real Vail – Jeff Nelligan

“Most articles about college planning focus on advice for parents or other adults who expect to pay the cost for a younger person’s education. But what about the beneficiary who plans to attend college? Although most young people don’t have the assets for college savings that their elders do, being part of the planning process can be educational, offering financial lessons for the future.” (more)

Monday, June 16, 2014

Our Voice: The preschool advantage

The Desert Sun – Staff Writer

“Another good compromise is a relatively modest investment in preschool. Democrat Darrell Steinberg, in his last year as leader of the state Senate, proposed universal preschool in California schools. But with a $1.5 billion price tag when the program is fully rolled out, Brown made it clear the plan wouldn’t make it past his veto pen.” (more)

California lawmakers approve budget to fund rail, preschool

Reuters – Jennifer Chaussee

“California lawmakers approved a $156.4 billion budget on Sunday, sending the plan that includes funding for a controversial high-speed rail project and preschool education for low-income children to Democratic Governor Jerry Brown to be signed.” (more)

Friday, June 13, 2014

California budget agreement is biggest expansion to early education in a decade

KPCC – Deepa Fernandes

“Some of California’s tiniest residents look likely to be big winners in next year’s state budget. Lawmakers worked late into Wednesday night to hash out line items that included funding for about 13,000 new slots in subsidized preschools and day care programs.”(more)

Thursday, April 17, 2014

“Death Spiral” – Harvard Professor Predicts Up To Half Of US Universities May Fail In 15 Years

Zero Hedge – Tyler Durden

“Soaring student debt, competition from online programs and poor job prospects for graduates are shrinking the applicant pools for many universities and, as Bloomberg reports, the National Association of Independent Colleges and Universities warns “there will clearly be some institutions that won’t make it…through these difficult steps.” Rather stunningly, Moody’s found that expenses are outpacing revenue at 60 percent of the schools it tracks even as many try to slash their way to balanced budgets,” and concluded “what we’re concerned about is the death spiral… this continuing downward momentum for some institutions.””(more)