oil-and-education

On Oklahoma’s Financial Situation

I received an email from President David L Boren yesterday regarding OU’s financial situation and the effect that the severe lack of state funding will have on students this upcoming year. According to president Boren, since 2008 “the state share of the OU budget has dropped from 46% to 12%.” This lack of funding has resulted in a 7% increase in tuition during the 2016-17 school year that will burden both parents and students. Furthermore, these budget cuts have resulted in the loss of jobs for over 300 university employees.

Higher educations institutions are not the only ones facing these substantial budget cuts; Oklahoma’s public education system is also facing a severe lack of state funding. In the last five years, legislators have cut per-pupil education aid by 20%. Furthermore, many legislators have begun to advocate replacing public schools with private charter schools completely. At first glance, these charter schools seem like a positive alternative. However, what charter school advocates don’t tell you is that these schools are authorized to potentially discriminate against students based on their gender, ethnicity, religion, and even finiancial situation.

Meanwhile, our legislators just recently approved a massive tax incentive for oil companies that will cost the state over 300 million. In order to contend with the budget crisis that this would undoubtedly create, legislators decided to severely reduce a tax credit devised to help Oklahoma’s working poor; this cut will negatively affect over 130,000 households in Oklahoma. In short, big businesses thrive while working families struggle to make ends meet.

It is time that we take a good look at the state of Oklahoma’s financial situation and who it is currently benefitting, because it is certainly not the lower class and it certainly isn’t the education system. It is time that we hold our legislators accountable for their actions, and stop turning a blind eye as they defund programs that benefit OK citizens in order to support big oil companies and their own agendas.

Read more here!

To whatever end,
LK

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