Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

How Districts, States Can Survive the COVID-19 Recession

 


Are district leaders prepared for the fiscal firestorm bearing down on them from the coronavirus pandemic, even as they struggle to get their disrupted school systems back on track?

The Lehman Brothers collapse in September 2008 sparked the start of the last Great Recession, sending sales and income tax revenue into a tailspin and forcing school districts over the next three years to lay off more than 300,000 employees.

Now, just a little over a decade later, America’s public school system stands on the heels of yet another recession, this one sparked by COVID-19. Many analysts expect it to be deeper and longer than the last.

https://www.edweek.org/ew/articles/2020/06/03/how-districts-states-can-survive-the-covid-19.html?cmp=eml-eb-sr-QC-06032020&M=59588198&U=2050105&UUID=42d8eaa0e1fd83d2d422f1841ef2e9b9

 

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