Financial Issues Affecting The Education Sector

When imagining a well-rounded school, one might think of a school filled with discussion based English classes, interactive Math classes, exciting labs, and rich History classes; one may also think of an endless list of extracurricular activities and athletic teams. Sadly, many public schools across the country do not have these opportunities. The Diane Ravitch book: Reign of Error: The Hoax of the Privatization Movement and the Danger to America’s Public Schools, focuses upon Ravitch’s opinion on this important issue. Since the No Child Left Behind Act was passed in 2001, schools have focused on math and reading scores; because of this, schools have disregarded and cut back on other subjects that they are not being tested on such as

With the ever-increasing tuition and ever-tighten federal student aid, the number of students relying on student loan to fund a college education hits a historical peak. According to a survey conducted by an independent and nonprofit organization, two-thirds of college seniors graduated with loans in 2010, and each of them carried an average of $25,250 in debt. (Reed et. al., par. 2). My research question will focus on the profound effect of education debt on American college graduates’ lives, and my thesis statement will concentrate on the view that the education policymakers should improve financial aid programs and minimize the risks and adverse consequences of student loan borrowing.

Funding for Oklahoma schools has fallen dramatically in recent years, with Oklahoma spending $706 less per student in inflation-adjusted dollars that it did in 2008, and Oklahomans are worried about it, and rightly so (Gene, 1). In looking toward a quick-fix, many have argued that Oklahoma need only reduce its administrative costs, thus

Brooks and Starks makes an important commitment to writing that inspects HBCUs. Brooks and Starks also explains that In a period of budgetary emergencies in advanced education, this book is vital, especially for policymakers and the overall population to better comprehend the requirement for support of such (HBCUs) schools. Furthermore, Brooks and Starks

The online article best value schools provide a view from a schools stance by informing the reader on issues schools face. The author points out the common issues. The more students the more money needed to support them and if a school wants to make money it will take as many as it can get (unknown). The schools also rely on government funding to help defray some of the

The National Conference of State Legislatures said, “School budget crunches have been a trend over the past couple years and span the entire nation” (qtd. in Van

Brimely, V and Garfield, R. (2005). Financing Education in a Climate of Change (9thed.) Boston, MA: Ally

Today’s education system has its problems, one of the problems being equal education to everyone. This is a problem that can be seen in the more poverty areas in the United States. Most schools in poverty areas have older materials to work with, teachers who are less passionate about their jobs, are not being taught the humanities, and many of the schools are shutting down from poor conditions and low attendance.

Many may believe that the United States school system is flawless; that no other countries school system or organization is as advanced as ours, “just like our government.” Those people need to come into the realization that our school system is broken, we need to be realists and not dreamers when it comes to something as serious as our education. Our school system has not been putting in the needed or required effort to reach the goals of true education or a good education that we, as students, deserve. Schools have been cheating us of what we deserve. Although some may believe our school system is perfect, it is not; our school system is broken and it needs to be fixed.

The issue of funding as mentioned in chapter 4 from the book, The flat world and education: How Americas commitment to equity will determine our future, is clearly not an issue for this school. The chapter talked about how there may be a correlation between in school performance with funding.

A surging $1.2 trillion in student debt and rising rapidly in tuition is the critical issue America public universities face today. These student debts and rising tuitions are caused mainly by administrative hiring and pay or expensive building projects on campuses. When public universities are spending money toward expensive building projects, this does not help with making tuition cheap to attend a certain university, instead it’s high.

student debt crisis has reached an all time high with debt reaching a total of 1.3 trillion dollars across the United States.With tuition cost increasing,lack of scholarships and unpaid back loans,student debt will continue to increase even higher.The enormous amount of debt put upon each student creates the inability of those students to help the economy grow.Our economy as we know it is a loop and decreasing the student debt significantly will help the economy grow.Instead of putting that money towards the government where it won 't be used to help decrease the student debt as we can see by the total debt, it should go to the community, such as purchasing homes,cars,consumer goods,sales tax which will help improve the economy even more.Crippling student debt is stifling the growth of the U.S. economy because it inhibits graduates from being able to spend money on consumer goods and home purchases. To alleviate this, lenders should be required to forgive student loans in cases where students are unable to repay their debts,decrease a cost of attendance,and increase scholarship opportunities from universities.Doing so would benefit the growth of the economy by increasing tax revenues, unfreezing credit markets, and creating jobs.

And for school’s infrastructure like a library, students are still using textbooks published in the 1980s or earlier and even the ex-president agrees to cutting federal spending on it. (124) The situation toward the school teachers, they are not only getting worse treatment from society, but also facing low income problems, some school even forcing teachers to mop their own floors. (130)

The title of chapter seven is “Financing and Governing America’s Schools”. When I first saw that I knew it was probably going to be interesting because school and government financing have always been a hot topic. The first section that I found to be an important component was the section titled “Follow the Money: Financing America’s Schools”. This section is important because it talks about where the money comes from, and why teachers should be aware of where this money is coming from. Something that I found to be interesting was “we believe that it is unwise, and even dangerous, for teachers to invest their time and talent in a career in which the key decisions are considered beyond their knowledge or influence.”( pg 189) This in a way angered me because most people know where there money comes from and most people know some information on big decisions made in their career. So why is it any different with teachers? From looking at the graphs throughout

The biggest challenge facing schools today is the breakdown of the family, combined with not valuing children. The traditional American school system