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Albuquerque schools budget for teacher loans, fewer students

ALBUQUERQUE, N.M. (AP) — New Mexico's largest school district is taking suggestions for how to spend $200 million in federal funding.

Albuquerque Public Schools also has a draft proposal for community members to weigh in on. It would use 25% of the money to offset a drop in state funds driven by a loss of 5,000 students.

Superintendent Scott Elder says that would allow the district to stabilize itself without layoffs. The second-largest spending category in the proposal includes support for chronically absentee students to get them back in school. The district is also considering a staff loan repayment stipend of up to $5,250.