Obama To Increase Education Funds

On Wednesday, President Barrack Obama made a proposal of promoting education funds for elementary and secondary schools in 2010.

The proposal was an effort of Obama and his first State of the Union to perfect the No Child Behind Act which was promulgated in 2002 under President George W. Bush. The president will spotlight school reforms in his speech.

Accordingly, education spending will be raised by $ 4 billion in which $ 1.35 billion increase will be used for school reform. Anonymous aides said that one-fourth of the funding will be set to revamp No Child Left Behind law. The new education funding will likely be released next week.

According to administration, the proposed funding would be 6.2 percent higher than the current elementary and secondary budget for No Child Left Behind.

Experts say that the 2002 No Child Left Behind Act is so disciplinary and will soon need to be revived although its standards have been embedded in public education.

Last week, Republicans and Democrats and officials of White House and Education Department held a convention to start revising the law and improving it. Republican Michael N. Castle said the meeting was good.

Aides to the president said that school performance will be reformed broadly.

According to senior White House aides, the new education funding will result in the collapse of 38 K-12 programs into 11 and the elimination of 6 programs.

Students of higher education can also benefit from the new proposal of the president. In stead of relying on private banks, students can make federal loans from the government. By becoming a direct lender, the government will therefore gain nearly $ 80 billion over 10 years. However, this legislation has not been approved in the Senate.

With the new education funding, scare resources will be paid attention to achieve long-term economic health for the nation.

With the aim of tracking student growth from pre-kindergarten all the way to college, Obama’s administration has come with some new ideas including public charter schools, teacher salary and stronger data systems.