Thursday, January 29, 2009
The Education System of America Finally Finds Some Relief
Miraculously, President Obama has been the first president in decades to look this much toward aid for the education system of America. With an assortment of school programs and child education programs in mind, Congress will pass a vote in order to invest for two years, a $150 Billion investment in the education programs. Obama has proposed this "bailout" for every type of education, including school renovation, special education, Head Start and grants to needy college students. This is also a major response to the Democratic governors of America whom pleaded for $79 billion to save education programs from being cut. This large investment will help out an assortment of over 15,000 education programs. Of course, you have the Republicans complaining on whether or not this bail out is a good idea. These Republicans feel like maybe this much money will not improve education for children across America. People are also looking toward the lending aspect of this bailout. Clearly this will increase the amount of children's whom cannot afford to go to school, attendance in school. Each state will be awarded a certain budget that will be lent to those children. Overall the educational spending budget was $60 billion. It has risen to a total sum of $135 billion this year, with a noted increase to $146 billion in the year 2010. On an even more exciting note, this raises special education funding from $11 billion to $17 billion. Educators around the world are finally pleased that laws are being enforced, ones like "No Child Left Behind" (instilled by the Bush Administration.) The bill layout is as such, "The bill would, for the first time, involve the federal government in a significant fashion in the building and renovation of schools, which has been the responsibility of states and districts. It includes $20 billion for school renovation and modernization, with $14 billion for elementary and secondary schools and $6 billion for higher education. It also includes tax provisions under which the federal government would pay the interest on construction bonds issued by school districts." Lastly, higher education will rise to $27 billion from it low $19 billion this. A lot of this funding is geared towards federal student aid. This is all very exciting and new for the education system, as well as, the first time federal government is taking a real interest in the education system of America.
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