Obama To Announce $240M In New Pledges For STEM Education

An anonymous reader sends word that President Obama is expected to announce more that $240 million in pledges to boost STEM educations at the White House Science Fair today. "President Barack Obama is highlighting private-sector efforts to encourage more students from underrepresented groups to pursue education in science, technology, engineering and math. At the White House Science Fair on Monday, Obama will announce more than $240 million in pledges to boost the study of those fields, known as STEM. This year's fair is focused on diversity. Obama will say the new commitments have brought total financial and material support for these programs to $1 billion. The pledges the president is announcing include a $150 million philanthropic effort to encourage promising early-career scientists to stay on track and a $90 million campaign to expand STEM opportunities to underrepresented youth, such as minorities and girls."

Comments

Re:It has an acronym , so it will fail.

[Anonymous Coward]

Endless educational financing is already available.

In what universe would that be?

This one. The U.S. tops the world in education spending per student (p. 4, chart B1.1).

The idea that we're not spending enough on education is a myth, manufactured by those who are sucking up the largest chunk of education dollars. If you ever take the time to dig through a school district's budget, you'll find that the biggest single item is administrative overhead. Basically school payroll is top-heavy with too many administrators and managers.

Every time a budget cut is threatened, they make sure the cuts land squarely on classrooms and teachers, creating an artificial financial crisis. That riles up the teachers' unions and PTAs who broadcast the message that we're not spending enough on education. We really are spending more than enough, but from their perspective we aren't because the administrators aren't passing the money through to them. When the tactic works and public pressure forces legislators to increase school budgets, the administrators divert the bulk of it to fattening up their pay (or hiring more administrators), throwing a few token bones to teachers and classrooms (e.g. an iPad for every child in Los Angeles, which was probably a kickback scheme for the administrators who selected which companies got the contract).

And that very graph you cite is for primary through tertiary [higher] education, not primary through secondary.
To quote from the paper "On average, OECD countries spend nearly twice as much per student at the tertiary level as
at the primary level."

You can't talk about the figures from that paper and talk about school districts in the next paragraph.

I looked up Texas spending per student for public education (primary and secondary) and it was $6000 per student last year, on the level of Czech Republic (for primary through tertiary)

Re:Truth = modded down

[hey!]

You don't have to be an analyst to figure out that the cost of living in New York City is astronomically higher than it is in Utah. A one bedroom apartment in New York City costs an average $2700/month. That same apartment in Salt Lake City would cost $750. A dozen eggs in NYC cost $3.19; in Salt Lake City it's $2.03. If you want to join a gym in Salt Lake, that's about $29/month. In New York it's $86.

So you're drawing the wrong lesson here. Adjusted for its cost of living, Utah spends slightly less than middle-of-the-pack amounts per student and gets slightly better than middle-of-the-pack results. Clearly Utah deserves praise for financial efficiency, but their results could be better.