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Entries in education reform (4)

Tuesday
Mar302010

Obama Signs Reconciliation Bill, Ushers In Student Loan Reform

President Barack Obama Tuesday signed the Health Care and Education Reconciliation Act, a package of amendments aimed at making improvements in the health insurance and student loan industry added to the health care reform legislation turned into law last week.

Obama touted the benefits the legislation will bring to the U.S. education system during remarks at a Virginia community college late Tuesday morning.

"A great battle pitting the interests of the banks and financial institutions against the interests of students finally came to an end," Obama said.

Under the new legislation, student loans will be administered through private companies acting under the aegis of the Education Department.

"For almost two decades we've been trying to fix a sweetheart deal ... that essentially gave billions of dollars to banks to act as unnecessary middle men in administering student loans," Obama explained.

The White House claims that by eliminating the subsidies currently accrued by banks for issuing student loans will save the government approximately $68 billion.

The legislation also allocates over $40 billion in education grants for student tuition and an additional $2 billion for community colleges nationwide.
Wednesday
Sep162009

Education Secretary: School Failure Is National Failure

By Laura Smith, University of New Mexico-Talk Radio News Service

While Secretary of Education Arne Duncan is certainly pleased over the strides made by many schools, he concedes that more needs to be done to improve education.

During an award ceremony Wednesday honoring Texas' Aldine Independent School District (ASID), Duncan noted that only seven out 10 public school students finish high school, and that only one in four college students can do college work.

"This simply isn't just a personal failure. It's a national failure," Duncan said.

An additional $100 billion of American Recovery and Reinvestment Act funds has recently been allocated for education reform.

The Eli and Edythe Broad Foundation awarded the Aldine Independent School District (AISD) from outside Houston the 2009 Broad Prize for Urban Education. This award is the largest education award in the country, and the school district will receive $1 million in college scholarships.

Superintendent Dr. Wanda Bamberg Ed.D., accepted the award.

Aldine has shown some of the most consistent student achievement gains nationally in the last decade and has been recognized as one of the top five most improved urban American school systems in four of the last six years.

The four finalists were Broward County Public Schools in southern Florida; Gwinnett County Public Schools outside Atlanta; the Long Beach Unified School District in California; and the Socorro Independent School District in Texas. Each finalist will receive $250,000 in college scholarships.

Dr. Bamberg said Aldine is 84% economically disadvantaged, and have watched their college students and college participation numbers decline in the past few years. She said the scholarship is truly the only way students can further their education.

"When you see the conditions that our students live, and understand that they truly do live in poverty in some places, then this doesn't just represent a scholarship opportunity, it doesn't just represent four years at school, it represents a future and a complete change of life for that individual student and, in many cases, the family of that student," Bamberg said.

House Speaker Nancy Pelosi said excellence is what the Broad Award has always been about. She said the nation's children success is essential to the success of the U.S.

"Those blessed with the most serve all of us," Pelosi said.

Pelosi said that while a high school diploma may gain entry into the workforce, but a college degree is a ticket to higher wages, more job security and a brighter future.
Monday
Sep142009

Education Secretary: $100 Billion For Education Might Not Be Enough

Travis Martinez, University of New Mexico- Talk Radio News Service

Education Secretary Arne Duncan touched upon the $100 billion that has been provided through the American Recovery and Reinvestment Act for education Monday at the Conressional Hispanic Caucus Institute's 2009 Public Policy Conference, stating “While the money might not be enough, and money alone is not the answer, it doesn’t hurt to have $100 billion dollars."

The Secretary added that there are many urgent challenges facing education reform, but that he is optimistic over the future of the U.S. school system.

“We have a tall and ambitious agenda”, said Duncan. “We need to dramatically increase access [to education] and make sure it’s quality access... not just glorified babysitting."

Secretary Duncan proposed the U.S. invest in early childhood education, adding “It’s the best investment you can make."

Duncan also suggested the U.S. recognize talent in the education field by rewarding and shining a spotlight on great teachers, mentors and also principals. The Secretary also outlined his goal to cut drop out rates in underserved communities.
Friday
May292009

Today at TRNS

Talk Radio News Washington Bureau will be covering the following events:
- Address by Education Secretary Arne Duncan on education reform and his
agency's role in President Obama's economic stimulus efforts.
-"Administration's 60-Day Review of Federal Cyber
Security Program."
-Discussion on "Toward Universal Broadband: Developing a National
Broadband Strategy."