Fiscal Cliff: Ky. Education, Schools Could Take Major Hit

Spending reductions caused by the fiscal cliff would be devastating for Kentucky’s public schools, officials say. According to the Kentucky Department of Education, federal funding for public schools would be reduced up to $61 mil­lion per year for the next 10 years, affecting more than 1,350 jobs and nearly 130,000 students. Higher education officials in Kentucky and Indiana also are warily eying the fiscal cliff talks.