Education Foundations Pool Resources for Innovation
The associated press announced today that a group of education-based foundations are pooling their resources to invest more than $506 million in education reform programs. Taking it upon themselves, they are attempting to match the $650 million that is to be donated by the federal Investing in Innovation program.
This is a big deal for school systems whose reform programs might not attract the attention of the federal program. The group has set up an Internet portal for schools to apply through so that they do not have to go to an annoying number of sources for money. The coalition of foundations said that it would make an effort to extend loans to unsuccessful applicants of the Investing in Innovation program.
This news also came as a great comfort for the Education Department. Secretary Arne Duncan said that this sort of collaboration between federal and individual institutions is what the country needs to make reform work.
The foundations are investing so much money because they have been so pleased with the Obama administrations dedication to education reform. By attempting to match the federal program investment, they are showing their support for the revamped education programs in place.
The foundation money and the federal program are both aimed at three aspects of education reform: innovation in the classroom, ideas for turning around low-performing schools and research to find ideas that can work nationwide.
With Race to the Top coming under fire recently, this kind of financial and moral support for the Education Department will have a big impact. With the Internet portal in place, the coalition hopes that schools that have not yet been noticed will now have a way to get their ideas for reform out there.
Leave a Reply
Recent JobsBack to Top
- High School-Luzhou, Sichuan-5,000-6,500 RMB - China, NY
- Language School-Changchun, Jilin-6000-7000RMB - China, NY
- Full-Time Jobs for English Teachers - Tianjin,China, TX
- Web Language Training Center-Suzhou, Jiansu-9500 RMB - China, NY
- IELTS School-Xi'an, Shaanxi-5500RMB - China, NY
