If the economy turns south — as some economists predict it will — education companies can protect themselves by paring back on product investment, and reaching out to new markets.
States have approved a wave of K-12 data privacy laws over the past few years, but few of those policies outline specific penalties for companies.
States increased overall spending on K-12 education by $10.9 billion in fiscal 2019, according to the National Association of State Budget Officers.
The federal and state elections are unlikely to yield a bounty of new education funding, some analysts say, but the passage of district-level tax measures will likely create opportunities for education companies.
Thirty-six governors’ races and more three-quarters of the nation’s state legislative seats are on the ballot this fall, and voters’ choices are likely to have a big impact on education budgets.
Nearly three quarters of district leaders expect President Donald Trump to have a negative impact on K-12 school budgets over the next two years.
Many districts are likely to use a new infusion of federal Title IV money to enhance existing programs, predicts David DeSchryver of Whiteboard Advisors.
Many states are approving increases in funding for schools, but some districts are wary of adding new programs and services, despite the monetary influx.
Despite signs of improving state budgets, a relatively small percentage of K-12 district leaders expect local budget conditions to improve in the near term.
Discretionary funds and federal Title I money are commonly used to cover the costs of trials, according to an exclusive survey of 500 school district leaders.