Why The Feds Should Pay For College
Could the feds “have covered the tuition bill of every student at every public college in the country”? The Atlantic explains.
Could the feds “have covered the tuition bill of every student at every public college in the country”? The Atlantic explains.
For those of you sick of supercommittees, debt ceilings, fiscal cliffs, and sequesters, we have just the cure for your federal budget crisis-itis: another federal budget crisis.
Without Congressional action beyond the deal approved last night, Indiana schools could still stand to lose tens of millions of dollars in federal education funding next school year.
Here’s your StateImpact primer on what’s next for education if the budget deadline passes without a compromise.
The Bloomfield School District would lose about $46,000 in federal Impact Aid funding if the president and Congress can’t reach a deal ahead of a looming budget deadline. But most Indiana schools wouldn’t feel significant effects until the 2013-14 school year.
If Indiana schools were to lose an estimated $114 million in funding at stake in the “fiscal cliff” debate, programs for some of the state’s most vulnerable student populations would feel a deeper impact.
We’re starting to get a better understanding of what’s at stake for Indiana students if federal lawmakers cannot reach a deal to avoid a “fiscal cliff” they’ll hit at year’s end.
Overall, Indiana school districts stand to lose a sum total of more than $114 million because of a 7.8 percent across-the-board cut, the analysis shows. That said, no district would lose more than 3 percent of their total revenues because of the automatic cuts.
23 Indiana school corporations have formally expressed interest in applying for a share in a $400 million pot of federal money at stake in a nationwide competition for school districts called Race To The Top. Obama administration officials will dole out the cash to districts who most impress them by “demonstrat[ing] how they can personalize education [...]
If cuts like those called for in the Ryan plan were to pass, Indiana districts would lose a grand total of $280 million in federal revenues. But no single Indiana district would lose more than 6 percent of their total revenues.
StateImpact seeks to inform and engage local communities with broadcast and online news focused on how state government decisions affect your lives.
Learn More »