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."

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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.