Privatisation of education in California budget

Under the cloak of a small increase in school funding, the budget pushes for the dramatic expansion of charter schools. At the same time, it funnels money extracted from the populace into the pockets of Wall Street, in the form of debt payments.
The new budget restores little, if any, of the billions of dollars that have been stripped from public education. The K-12 system, which has been cut by over 18 billion dollars, will see per-pupil funding change from $8,132 to $8,304: a 2 percent increase. The Cal State system, which was expecting $372 million from Prop 30, will only see $125 million restored. The University of California system, which has experienced even greater cuts, will get a meagre $125 million.
Even these paltry increases are temporary. Brown declared that the ?great risks and uncertainties lie ahead? the federal government, the courts or changes in the economy all could cost us billions and drive a hole in the budget.?
Even with these ?restorative funds,? schools are struggling to stay afloat. A local California newspaper remarks that despite Proposition 30 ?local area schools, colleges and universities still face massive budget shortfalls. Program and class reductions, as well as faculty layoffs, continue as K-12 districts and higher education institutions manage long-term structural deficits.?

Source: http://www.scoopit.co.nz/story.php?title=privatisation-of-education-in-california-budget

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