Tag Archives: cash

In today’s Washington Post, education columnist Jay Mathews raises the question: If you had $100 billion to fix our schools, what would you do? Faithful readers know I was skeptical of the federal government’s “magical money tree” a few months ago. My sentiment hasn’t changed. Some ideas for spending 100 billion (that’s a 1 followed by 11 zeroes) new smackeroos in the education bureaucracy inevitably will be better than others, and some may end up yielding some positive results. In his column, Mathews grades five proposals for spending the money, realistically noting of those who submitted the proposals: Their goal is to get the biggest change by January 2012. I think they are dreaming. The federal stimulus is designed to save jobs, not raise student achievement. But some (not all) of the ideas are so good some states might (repeat, might) be tempted to try them. To rate the five proposals yourself, as well as five others Mathews invented, check out his blog post.

If Barack Obama and the Democrats really are going to pull $122 billion off the magical money tree and send it to fund education programs in the states, could we at least hope the dollars are spent sensibly on effective reforms? For example, will the feds dump freshly-printed greenbacks into traditional, union-controlled teacher licensure programs that do nothing for the bottom line of education? Or might they consider using the cash to improve the quality of the teaching workforce – you know, boost effective performance pay so we can reward good teachers, and repeal harmful tenure laws so we can get rid of bad teachers? Surely some reasonable share of the $122 billion could be used to make a real positive difference. Right? I’ve already been told my problem is that I’m not old enough yet to be properly cynical about all this. I’m not ready to admit that, but I have been trying to find the seeds to plant a magical money tree in our backyard. That way, I can have my own bazillion-dollar weekly allowance without hitting up my parents or the federal government.