Last December I penned (keyed?) a relatively optimistic piece about education spending, with the conclusion that the textbook adoption market was in a crash but supplemental materials were in a short-term stall. I had it right on the first point and wrong on the second – we have seen a…
Articles Posted in economy
Times Are Tough – Don’t Despair
These are grim days for the world of education. Funding cuts past, present, and future loom over schools and districts. Class sizes are swelling, essential services are being trimmed, and any spending decision that can be delayed is sitting in limbo. The companies that serve schools are feeling the pinch…
Market Crash or Market Stall?
Is the instructional materials market in the tank? I’ve spoken with people at a dozen companies who are all seeing the same thing – since November 1st a moderately down market has dropped like a stone. A senior executive at one of the big 4 publishers flatly stated that this…
Great Overview of the Range of Economic Perspectives
Distilling the range of policy positions on our current economic malaise is a huge challenge, but fortunately Rortybomb is up to the task. I recommend his post – A Topological Mapping of Explanations and Policy Solutions to Our Weak Economy. Not only does he provide spiffy venn diagrams that distill…
A Broken Senate Fails America’s Children
Yesterday the minority in the Senate ended the chances that the Extender’s Bill would pass the Senate. While 57 Senators – a clear majority – wanted to do the right thing a determined minority used procedural votes to force mass layoffs of teachers, firefighters, and police across the country (300,000-500,000).…
(More) Storm Clouds Brewing
The economy has already had a huge impact on education budgets. But if you think it is bad now wait until the ARRA stimulus goes away. This chart tells the whole story. Bright Green – Over 30% Olive Green – 20-30% Dark Green – Under 20% White – Surplus Nine…
Horrible News on Education Employment
Education jobs fell for the first time since 1959 while enrollments were increasing. There were only three other years in the past 50 years where education employment shrank – and all of them were during periods of declining enrollment as the baby boom petered out. Business Week has the details.…
Doug Stein on Hope and Fear
Doug Stein of Memespark responded in comments to my last post and as usual his insights add a lot to the conversation and make the connection to education publishing more relevant and real. For that reason I’ve bumped this comment to its own post. —- By Doug Stein The trickiest…
Education Publisher’s Perspectives on the Economic Downturn – Panel on Education Technology
This article is based on notes from a panel at the Ed Tech Industry Forum in New York that took place in December. The insights the panelists shared are no less relevant now that we are into the new administration and sorting out the economic stimulus. The panel consisted of:…
Education Publishing and the Economic Stimulus
What impact will the economic stimulus have on educational materials and technology? A front page New York Times article yesterday left no doubt that education will be a significant part of the legislation. The Times reports that the total education allocation could be as much as $75-$95* billion a year…