Ok, so sure, a reasonably large chunk of all states education budget is going away, but for the states that do well, the hole will both be a smaller portion of the overall budget, and easier to make up.
No child left behind testing goes away, so the testing and standards all go away. You can bet the bottom 25 states in education ranking will quietly stop testing and claim they're doing just great!
It's the special Ed programs that are really going to catch hell. No dept. of Ed. no enforcement of standards. It will be the easiest portion to cut to save money, and the families left in the lurch will get nothing but thoughts and prayers to fill the gap.
We've literally been told money is speech, but just as soon as people start organizing to vote with our dollar, we're sabotaging everything.