On Your Bottom Line

We have the best advice on getting out of debt, finding jobs, securing a better mortgage, saving for college, paying off student loans, managing your retirement dollars, and a whole lot more.
August 31st, 2012
05:28 PM ET

Arne Duncan: Education reform investments

When it comes to education, Governor Romney and President Obama agree on more than either side will admit.

They both want more charter schools. They both want teacher compensation tied to performance. And they both supported extending low interest rates on Stafford loans that help pay for college.

Where they disagree is on the role of the federal government. Mitt Romney praises some aspects of the Obama administration's Race to the Top program, but he says he would give more control to state and local governments.

The federal government pays for just 12.5% of all elementary and secondary education, and conservatives say the federal government imposes sweeping mandates but leaves others to pay the bill.

In April, Mitt Romney said that if he becomes president, the department of education will be "consolidated with another agency" or will be "a heck of a lot smaller".

 

So what would change under a President Romney? And how does Arne Duncan plan to fix the education system? Watch the video to find out!


Filed under: Educating America • Your Bottom Line
soundoff (No Responses)

Comments are closed.