under the population aid formula, 37 percent distribution of funds, every State except Florida loses money because we eliminate all discretionary spending. Where you gain money, and it is marginal, is under the student aid distribution formula, and that is about 90 cents a student, which will allow them to buy crayons and construction paper.
Sherwood Boehlert: “under the population aid formula, 37 percent distribution of funds, every State except Florida loses money because we…”
Editor's note · Context
Discussing the impact of funding distribution on states under a new aid formula.
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