Race to the Top Winners are Slow in Spending the Awards

 

An April 17, 2012 Education Week article reported that the 12 winners of the $4 billion Race to the Top (RTT) competition had spent only about 14 percent of the awards by the end of March; most of what had been spent outside of individual education departments went toward obtaining consultants.  The article cited RTT proposal implementation challenges as one reason for the slow spending, but added that Department of Education (ED) officials are seeing increasing momentum and are not concerned about deliverables not being on track.  A recent evaluation of RTT by the Center for American Progress counted spending as one of six indicators of progress; ED’s approval of performance and retention of stakeholders were weighted more heavily than spending.  The evaluation, Race to the Top: What Have We Learned from the States So Far?, can reviewed at http://tinyurl.com/c3pe2ao.

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