Stimulus Includes $5 Billion Flexible Fund for Education Innovation

Maria Glod:

Education Secretary Arne Duncan would have $5 billion under the stimulus bill to back new approaches to improve schools, a fund that could prod states to raise standards and reward top teachers as the Obama administration presides over a massive infusion of federal education aid.
The Race to the Top Fund, as Duncan calls it, is part of about $100 billion the bill would channel to public schools, universities and early childhood education programs nationwide, helping stave off teacher layoffs, keep class sizes in check and jump-start efforts to revamp aging schools.
But the windfall also could mark the beginning of a deeper transformation of schools seven years after the No Child Left Behind law mandated an expansion of testing and new systems for school accountability.