Is a financial day of reckoning for schools here yet?

There’s a lot to chew over in yesterday’s New York Times article by Sam Dillon, “Schools Aided by Stimulus Money Still Facing Cuts,” (including the implications for our home state of Ohio). Any reader would feel empathy for the L.A. high school students now facing average class sizes of 42.5 students; the many teachers who have been laid off; the schools that have cut back on sports, arts, and more. I certainly do. But of course there’s another story between the lines here, which is that districts have often been either unable or unwilling to cut costs sensibly….Read it here.

Eric Osberg is a Vice President and Treasurer at the Thomas B. Fordham Institute