IDEAS home Printed from https://ideas.repec.org/p/mrq/wpaper/2017-02.html

The Great Recession and Public Education

Author

Listed:
  • Wagner, Kathryn L.

    (Department of Economics Marquette University)

Abstract

We examine the impact of the Great Recession on K-12 education finance and employment and generate five key results. First, nearly 300,000 school employees lost their jobs. Second, schools that were heavily dependent financially on state governments were particularly vulnerable to the recession. Third local revenues from the property tax actually increased during the recession, primarily because millage rates rose in response to declining property values. Fourth, inequality in school spending rose sharply during the Great Recession. Fifth, the federal government’s efforts to shield education from some of the worst effects of the recession achieved their major goal.

Suggested Citation

  • Wagner, Kathryn L., 2017. "The Great Recession and Public Education," Working Papers and Research 2017-02, Marquette University, Center for Global and Economic Studies and Department of Economics.
    • Handle: RePEc:mrq:wpaper:2017-02
    as

    Download full text from publisher

    File URL: http://epublications.marquette.edu/econ_workingpapers/58
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Gupta, Rahul R. & Rodriguez, Viviana, 2025. "Firms for funding: The effect of Million Dollar Plants on school finances and student achievement," Journal of Urban Economics, Elsevier, vol. 149(C).
    2. Christopher Biolsi & Steven Craig & Amrita Dhar & Bent Sorensen, 2022. "Inequality in Public School Spending Across Space and Time," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 46, pages 244-279, October.
    3. Nora Gordon & Sarah Reber, 2020. "Federal Aid to School Districts during the COVID-19 Recession," National Tax Journal, National Tax Association;National Tax Journal, vol. 73(3), pages 781-804, September.
    4. Eric Brunner & Joshua Hyman & Andrew Ju, 2020. "School Finance Reforms, Teachers' Unions, and the Allocation of School Resources," The Review of Economics and Statistics, MIT Press, vol. 102(3), pages 473-489, July.
    5. Kendra Bischoff & Ann Owens, 2019. "The Segregation of Opportunity: Social and Financial Resources in the Educational Contexts of Lower- and Higher-Income Children, 1990–2014," Demography, Springer;Population Association of America (PAA), vol. 56(5), pages 1635-1664, October.
    6. Rajashri Chakrabarti & Max Livingston, 2021. "Tough Choices: New Jersey Schools during the Great Recession and Beyond," Economic Policy Review, Federal Reserve Bank of New York, vol. 27(1), pages 1-34, July.
    7. Nora Gordon & Sarah Reber, 2021. "Were Federal COVID Relief Funds for Schools Enough?," NBER Chapters, in: Tax Policy and the Economy, Volume 36, pages 123-157, National Bureau of Economic Research, Inc.
    8. Nora E. Gordon & Sarah J. Reber, 2020. "Federal Aid to School Districts During the COVID-19 Recession," NBER Working Papers 27550, National Bureau of Economic Research, Inc.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mrq:wpaper:2017-02. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Andrew G. Meyer (email available below). General contact details of provider: https://edirc.repec.org/data/ecomuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.