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US Department of Education to Spend Billions to ‘Transform’ U.S. Schools

Source: Yahoo News Posted By: Bill 3446 days ago

Education Secretary Arne Duncan plans to spend a record $5 billion to transform U.S. schools by rewarding states for innovation, providing merit pay to teachers and creating a national scorecard to identify failing schools.

The Education Department has already distributed $44 billion of its $100 billion in stimulus funds to stave off the firing of teachers, Duncan said yesterday in an interview in Washington. An additional $5 billion will be given as an incentive to states that are "fundamentally....

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