President Obama Announces $250 Million Education Initiative
President Obama is putting $250 million into education. The money will train math and science teachers.
Through the "Educate to Innovate" campaign, the government will work with major companies and universities to recruit and train teachers. The White House has said a major vacancy exists in the so-called stem field: science, technology, engineering and math.
"Our future depends on reaffirming America's role as the world's engine of scientific discovery and technological innovation. And that leadership tomorrow depends on how we educate our students today," said Obama on Wednesday.
$5 billion dollars will be set aside in federal grants for states willing to undertake a top-to-bottom overhaul of their schools in support of Obama's education priorities.
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