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This $15 Billion Will Stimulate ... What?

Education Week reports a little pot of gold stashed away in the pending ?stimulus? bill that I hadn?t noticed, or seen discussed, before.

U.S. Secretary of Education Arne Duncan says he is eager to use a proposed $15 billion federal incentive-grant fund in part to reward states, districts, and even nonprofit organizations that have set high standards for the students they serve....

The education incentive-grant money would be available to Mr. Duncan under both versions of a huge economic-stimulus package working its way through Congress. The House approved a broad, $819 billion measure Jan. 28. The Senate is expected to consider such legislation this week....

The $15 billion fund is a relatively small slice of the more than $120 billion slated for education programs under the pending stimulus legislation....

Perhaps $15 billion is now too trifling an amount for most commentators to notice.

Would this $15 billion really stimulate anything, and, if it would, do we really want more of whatever that is? On the other hand everyone keeps talking about spending stimulus money on ?shovel-ready? projects, and it is certainly true that the education establishment produces much that needs to be shoveled.

Full post as published by Discriminations on February 05, 2009 (boomark / email).