If the supercommittee fails

...the news isn't good for federal education funding:

According to the budget office, education funding would be subject to reductions ranging from 7.8 percent (in 2013) to 5.5 percent (in 2021).
What does that really mean for students?
In a letter sent last month to the supercommittee, the National Education Association said a 7.8 percent cut in fiscal year 2013 would mean a reduction in $3.54 billion in education funding. That includes:
*$1.1 billion from Title I, a federal program that provides additional resources to disadvantaged students. This would impact almost 1.5 million students
*$896 million from the Individuals With Disabilities Education Act, affecting more than a half-million students, and
*$590 million from Head Start, affecting more than 75,000 young children.

Not good.