A Big Investment

While Tennessee languishes near the bottom of all states in school funding, one Presidential candidate is laying out a plan to make a massive federal investment in schools — especially those with high numbers of low income kids (like so many in Tennessee). Here’s more on Elizabeth Warren’s education funding plan:

Warren unveils education plan quadrupling federal funding for public schools. The Hill: “Sen. Elizabeth Warren (D-Mass.), a leading Democratic presidential candidate, is proposing a plan to quadruple federal funding for public schools with incentives for states to fund poor and rich schools more equally. Warren has often campaigned off her personal history as a public school teacher and the importance of reforming the system. Her education plan released Monday comes after much of the primary field has already released such proposals. Warren’s plan would quadruple Title I funding — equivalent to an additional $450 billion — over the next 10 years for pre-K-12 public schools. Warren also plans to invest an additional $100 billion over ten years in ‘excellence grants’ to public schools, and an additional $50 billion in repairing and upgrading school buildings. In an effort to incentivize states to fund schools more equally, the new Title I funding would be conditioned on states ‘chipping in more funding and adopting and implementing more progressive funding formulas, so that more resources go to the schools and students that really need them.’ The plan is financed by Warren’s signature wealth tax on net incomes over $50 million, as are many of her plans.”

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