Wednesday, March 17, 2010

44 of 172 Detroit schools slated to close in June

School closings due to budget shortfalls is a serious problem for many cities across this nation. Infinite QE (to the rescue), unfortunately, only substitutes one problem for another.

Doors are expected to shut on more than a quarter of Detroit's 172 public schools in June as the district fights through steadily declining enrollment and a budget deficit of more than $219 million, an emergency financial manager said Wednesday.

Source: news.yahoo.com

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