No matter which side you come down on in the debates over charter schools and education reform, it’s hard to argue with a massive cash infusion for education. So hooray for NY! The feds announced today that we’re winners in the Race to the Top competition for extra federal education funding — reportedly $700 million worth!
The program was unveiled in July of last year and is funded by the 2009 American Recovery and Reinvestment Act aimed at shoring up the anemic U.S. economy.
The Race to the Top program hands out big bucks to states that enact education reforms, including evaluating teachers based on classroom performance and increasing the number of charter schools.
New York legislators recently approved raising the charter school cap in the state from 200 to 460 after losing out on an earlier round of Race to the Top funds this spring in hopes of beefing up their application this go-round.