Tag Archives: magical money tree

You may think I spend a lot of time complaining about the education spending proposal inside Congress’ so-called stimulus (I prefer “magical money tree”) bill. Well, rather than just get up on my soapbox again (but hey, if I don’t stand up there, nobody will see me), I decided to share firsthand thoughts from a couple of Colorado’s state education officials on the issue. Earlier this week, new State Board of Education member Marcia Neal shared some thoughts on the education portion of the federal stimulus bill with Grand Junction reporter Mike Saccone: “I think there’s growing concern over this huge amount of money they’re throwing around,” Neal told Political Notebook today. “As always my concern … is the issue of local control. That when you accept money from the feds and they direct the way you spend it, they’re basically directing your local educational program and increasing your dependence on federal money.” Neal, a Republican, said she hopes the Senate, when it mulls the economic stimulus package this week, clears up the issue of local control. As I’ve highlighted before, Marcia Neal has expressed support for choice and local innovation. My friends in the Education Policy Center, though, wanted […]

The horse isn’t dead yet, so I’m not going to stop beating it. I’ve already highlighted the silliness of the “magical money tree” solution to education coming from Congress. Let’s not mince words: the so-called “stimulus” bill in Washington, DC, is a disaster. A disaster for education reform, and a disaster for students – who would end up being burdened with far, far more debt than we can hope to gain from the proposed education spending. As much as I have enjoyed picking apart the nonsense of this gargantuan wasteful spending bill, the writers at the Edspresso blog truly have been in their heyday unraveling the topic. After a hot start a few years ago, Edspresso went through some tough, slow times. That appears to be in the past, though. The latest piece “Status Quo Education Stimulus” ironically lauds the National Education Association for showing us how “the stimulus bill is nothing more than additional funding for the education programs and structures that already exist, regardless of efficacy.”

Last week I asked whether the federal “stimulus” bill and its magical money tree would do any good for education reform. It didn’t take long to have that naive question soundly rejected. The Flypaper blog’s Obama Administration Reform-o-Meter has taken a plunge with the news that the $125 billion in education funding attached to the so-called emergency spending measure is becoming less reform-friendly. Take the Senate committee’s approved version: The Teacher Incentive Fund (which supports merit pay programs): gone. Charter school facilities dollars: gone. Money for data infrastructure projects: gone. Language ensuring that charter schools have equitable access to the money: gone. The teachers unions firmly in control of the Democratic Party: back with a vengeance.

Times are tough out there. I don’t have a lot of perspective yet, but there’s no doubt the economy is hurting. And that means not only are real people hurting, but – as the Wall Street Journal reports – so are private schools: Trinity Episcopal School survived Hurricane Ike last fall. But then another storm hit — the economy. The Galveston, Texas, school, where tuition is between $5,000 and $8,000 a year, has seen its enrollment drop 12%, says David Dearman, the head of the school. Many parents of its students were among the 3,000 workers laid off by the area’s largest employer, the University of Texas Medical Branch. At the end of 2008, the school’s endowment was $800,000, down about 20% from July. The school has ramped up donation efforts through its Web site, and held car washes and bake sales. It stopped using substitute teachers — other staff members now step in when a teacher is out sick. “Our school will survive, but it will take years to recover,” Mr. Dearman says. Trinity Episcopal School is one of many kindergarten-through-12th-grade private schools caught in the middle of an economic tempest: anemic endowments, dwindling donations, financially strapped parents slashing […]

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.