Obama proposes $1.3B increase in ed funding
source: eSchool News
In addition to the recent $105.6B stimulus plan to Education already in effect, overall, the president's budget request, unveiled May 7, allocates $46.7 billion for ED—an increase of $1.3 billion from 2009.
In a conference call with reporters, Education Secretary Arne Duncan said the budget "makes tough decisions," but is intended to "give educators the resources they need to turn around the schools in the most trouble."
Building on Obama's pledge to help students obtain a college education, one aspect of the proposed budget would boost the maximum Pell Grant award to $5,500, with increases for inflation plus 1 percent, Duncan said. |