This study examines the medium-term effects of the Great Recession on school finances in New Jersey using detailed … school district panel data and an interrupted time series analysis. The authors find that the recession led to sharp cuts in … school funding and expenditure, in spite of the federal stimulus. These cuts deepened as the stimulus abated. An analysis of …

data on school finance indicators and an analysis of trend shifts, we examine how the Great Recession affected school … by poverty level, metropolitan area, school district size, and urban status. Affluent districts were hurt the most; the …