U.S. states still holding back on school spending

Friday, September 13, 2013

Public schools around the United States are still waiting to feel the recovery from an economic recession that officially ended four years ago, mostly because states have kept education spending low and property taxes remain depressed, according to a report released on Thursday.

At least 34 states are providing less funding per student in the current school year than before the recession hit. Moreover, at least 15 have lower funding than a year ago, according to the liberal-leaning Center on Budget and Policy Priorities, which closely tracks state spending.

That creates a serious dent in local school budgets: states provide 44 percent of the country's total education funding.

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