Failing To Raise Debt Ceiling Could Hurt Low-Income Students

Michele McNeil at Politics K-12 notes that if the federal debt ceiling isn’t raised by the Aug. 2 deadline, thus forcing Treasury to pick and choose which bills to pay and which to miss, “education programs could be directly affected.” “For example, says John Musso, of the Association of School Business Officials International, federal dollars that flow to districts — such as Title I money to help disadvantaged students, or Carl Perkins vocational funds — could be delayed,” she wrote. Overall, state and local governments will face severe cuts if the debt ceiling isn’t raised.