In the Face of Economic Woes Stimulus Saves Education Jobs

A report issued by the White House and the Education Department states that the stimulus package has created or saved 250,000 education jobs. The Washington Post reports that without the $67 billion in federal aid provided through Sept. 30 under the economic stimulus law, state and local budgets for public schools and higher education would be hurting badly. In Virginia, stimulus aid accounted for 2 percent of regular K-12 funding and saved 72 education jobs in Richmond alone.

Even with these jobs being saved and created, many states are still facing major budget shortfalls. All over the country states are predicting major budget shortfalls for 2011. For more on this story click here.

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