In 2017/18, 30.3 per cent of local authority-run secondary schools were in deficit, which is almost four times 2014's proportion of 8.1 per cent, according to Education Policy Institute analysis.
The average maintained secondary school deficit is now £483,569, with one in 10 having a debt that is more than 10 per cent of their total income.
The financial plight of special schools is also deteriorating. Since 2014, the proportion operating at a loss has almost doubled, to 10.1 per cent. The average special school is £225,298 in debt.
The percentage of maintained primary schools in debt is also climbing, from four per cent in 2013 to eight per cent last year.
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