In this month's newsletter, we discuss issues around higher education reform and provides an update on several federal regulations that could change the postsecondary education sector.
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WASHINGTON, D.C.—U.S. Chamber of Commerce Vice President of the Forum for Policy Innovation Cheryl Oldham issued the following response on June 2 regarding the Department of Education’s final gainful employment regulation:
Join ICW on June 8 for a webinar discussing three regions where business leaders are successfully driving education improvement efforts in their communities.
In addition to the $700 million for Race to the Top and Early Childhood grants, the recently enacted 2011 appropriations bill also included up to $150 million to extend the Investing in Innovation (i3) program.
In addition to his May 25 announcement regarding RTTT, Secretary Duncan, along with Secretary of Health and Human Services Secretary Kathleen Sebelius, also announced that the Administration plans to use approximately $500 million of the $700 million made available in the FY2011 appropriations bill for a major competition in support of bold and comprehensive state plans for raising the quality of early learning programs.
To provide a better understanding of which states are making the most progress with their RTTT funds,we've created a state-by-state snapshot of the status of RTTT grants from the winning states and the District of Columbia.
The Secretary of Education awarded $4 billion over the course of the first two Race to the Top (RTTT) competitions. As of May 25, he has announced that nine finalists that did not win grants in the first two phases of RTTT competitions will be the recipients of a new $700 million grant, split between early childhood education and a new round of RTTT.
This month's newsletter provides in-depth analysis of two of President Obama's signature education programs--Race to the Top (RTTT) and Investing in Innovation (i3) grants. It also examines what the new funding may mean for many states, districts, and schools across the country.
WASHINGTON, D.C.— At the May 16 forum of higher education stakeholders, “edupreneurs,” and policymakers, the U.S. Chamber of Commerce’s Institute for a Competitive Workforce (ICW) released a report on the urgent need for innovation coupled with policy reforms in higher education.
The challenges facing traditional higher education cannot be overcome without fundamental transformation brought about by strong institutional leadership coupled with policy reforms that promote innovation. The cost spiral will continue without innovations driven by e-learning and incentives built around increasing productivity. Regulations and incentives should be crafted to open the way for the most dynamic innovations, while rendering the true costs, risks, and potential benefits as transparent as possible for prospective students.