The economic crisis has hit the classroom, and public schools and colleges are taking extreme measures to cope, reports Stateline.org. In Alabama, lower-than-expected revenues forced the state to hold back 25 percent of the schools' October allocations until more money arrived. The state paid the rest of the money by Nov. 6, but in the meantime, schools dipped into reserves or borrowed money to pay their bills. Georgia's DeKalb County school district was faced with cutting $10.5 million from its budget. Anticipating a worsening economy, the school board instead approved plans to cut $20 million and will lay off 127...

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