School officials want a cut of federal bailout

In Olmstead Falls, Ohio, Superintendent Todd Hoadley sent in the paperwork two days before Thanksgiving to request $100 million from the federal government, half of it for school construction. He has yet to see a check and concedes he dabbling in a bit of hyperbole by latching onto the program, but he says the problems are real.

“We were trying to make the statement: ‘Don’t forget public education,’ ” Hoadley says.

In Olmstead Falls, 1,200 students cram into a 40-year-old high school built for 800. The school board wants to cut $1 million from the district’s $34 million budget, and Gov. Ted Strickland has asked advisers to see what a 25% statewide school funding cut would look like.

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Posted in * Culture-Watch, * Economics, Politics, Economy, Education, The September 2008 Proposed Henry Paulson 700 Billion Bailout Package

2 comments on “School officials want a cut of federal bailout

  1. Jeffersonian says:

    Theme of the era: “Sooooooooeeeee!!!”

  2. robroy says:

    We were talking in the surgery lounge and one of the guys mentioned that Jay Leno was talking about the porn industry wanting a piece of the pie, too. Great.