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The Edutopia Poll
by Sara Ring
The impact of the worldwide financial crisis is being felt on Wall Street, on Main Street, and quite possibly in your school. In one dramatic example, risky investments by five Wisconsin school districts resulted in a total loss of $200 million intended for teacher-retirement funds and school operating budgets. Even schools that haven't suffered such devastating losses must still contend with shrinking state education budgets, which can lead to impacts ranging from losing arts and sports programs to investing less in technology to downsizing staff. Has the faltering economy impacted your school? We want to know!
Has the financial crisis hit your school?
Yes. The crisis seriously impacts the day-to-day operations of our school.
58% (25 votes)
Somewhat. Although there has been some fallout, the overall impact has been relatively minor.
26% (11 votes)
No. Our school has not suffered as a result of the financial crisis.
16% (7 votes)
Total votes: 43
u.s. history/ gov./ eco
i use the current events from the news papers to aide in the teaching of gov. and eco. in my classes. i like to show the theory and the practical side of the theory. i will not be able to do that as well since my school stop the getting the news paper. now i buy the paper.
Financial Crisis Impact on our District
The financial crisis has had a horrific impact on our district: Our school board signed our instructional contract last March (2008) for the 2008-2009 school year, which included something called steps--additional pay of a few pennies for the additional year of teaching experience. This past August, the district refused to pay those few pennies, although they accepted their raise. We are now at impasse. The district has the money in their cache, but refuses to pay it because they believe they will also have to pay a few more pennies to the custodial crew and the paraprofessionals, who have separate contracts. The union decided to spare the district the expense of mediation and went for a public hearing, where the school board members "had an amused and evil glint" in their eye, or so it was reported. At the time of writing, no resolution is in sight. bear in mind that my district pays teachers only 88% of the avergae state wage for our state, and our state in Florida. bear also in mind that our district is testing crazy--in response to the annual exam required by NCLB, our district heaps some 18 tests upon high school sophomores.
Needless to say, our situation with more rudimentary financial concerns is not glimmering with light
Financial crisis effects
Teachers are also affected of this financial crisis. For me, what has promised must be done, just like what President Obama has promised to us, that he will bring a great change in the country. Education is one of the components of this economic stimulus. Furthermore, he has promised that he will bring back the financial stability in the country. It isn't likely that you have heard of Metavante, and trust us, if we told you more about Metavante, you would care even less. At any rate, Metavante is a financial software company, and they make a lot of information systems that banks use. They have recently been acquired by Fidelity National Information Services for some cash advances to the tune of about $3 billion. As the merger between Fidelity and Metavante will mean neither group will be in need of federal cash advances, two more firms won't be worried about bailouts anymore,
genaral
hiiiiiiiiii
dear friend's i read your comment's and post's they are nice and effective but i want to know more about something if you tell me some more imfo. or data about this it's very nice to me and thank's a lot dear.............
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sam
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realestate-realestate