California Sticks Its Schoolkids’ Futures in a Vise
Even with Record Education Funding, Escalating Retirement Costs and Expensive New Demands Have Brought School Districts to the Brink
Don’t squeeze your kids too hard as you send them off to another school year, because the state of California is already squeezing your kids hard enough to hurt their future.
Call it The Great California School Squeeze. The state is stuck in a nasty school funding paradox: Even though our school districts have never had higher funding levels than they do right now, many districts face financial peril.
Why? Because The Squeeze is a torture machine with three ratchets.
First, escalating payments and obligations for retirement benefits are growing so …
