Plans are announced to disburse to education programs $48.6 billion in state fiscal stabilization funds

The American Recovery and Reinvestment Act of 2009 (ARRA) appropriated an unprecedented $115 billion in federal funds for education programs. ARRA allocated $53.6 billion to the State Fiscal Stabilization Fund (SFSF) for one-time appropriations to state governors to help stabilize state and local budgets that have been negatively impacted by the current economic recession. [More]

The President's Education Plan

This week, President Obama announced his administration's plans for a comprehensive overhaul of America's public education system. As reported by the U.S. Department of Education, the goal is a 21st century public education system that will "ensure that American children again lead the world in achievement, creativity and success." Key elements of the plan include reforms for: [More]