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30 Percent of Students In School Districts in Financial Jeopardy



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    HOUSTON - SEPTEMBER 7: Ckaris Williams, a teacher and Hurricane Katrina evacuee, prepares her classroom at Douglass Elementary School in Houston September 7, 2005 in Houston, Texas. Douglass was closed for budgetary reasons but the Houston Independent School District reopened the facility for children of evacuees from Hurricane Katrina. Williams taught at Frederick Douglass Elementary on the West Bank in New Orleans prior to the storm. (Photo by Dave Einsel/Getty Images)

    Bad news on the schools front.

    According to a new state report, 13 school districts are in such bad financial shape they are at risk of being unable to meet their obligations either in the current year or the next school year. The report identifies 97 more districts that could run out by the end of 2012-13. All together, these school districts include nearly 2 million students -- nearly 30 percent of the state's student population.

    More details here.