President’s 2015 Budget Proposal for Education
America's public schools are striving to offer a path to the middle class for their children from hard-working families in every community, and more so those living in poverty. Yet too many students lack the access to the education and supports that make the journey to the middle class possible. The Obama administration is committed to ensure equity for this opportunity for every child.
In Obama's first term, the administration helped to unleash innovation at the state and local levels, in part through competitive funds that achieved extraordinary. The nation's schools, teachers, and students have made significant gains. These include the highest high school graduation rate in American history, an increase of nearly 50 percent in the number of students accessing higher education on Grants, a major increase in the number of minority students in college, and sharp cuts in the dropout rate, especially for Hispanic and low-income students. Despite this solid progress, wide gaps of opportunity and achievement continue to hurt many minority, low-income, and other undeserved students.
The President's budget reflects his strong belief that education is a vital investment in the nation's economic competitiveness. They request for $69 billion in discretionary appropriations represents an increase of 2 percent over the previous year and slightly more than the 2012 discretionary level for education before the sequester. Three-quarters of that funding goes to financial aid for students in college, and high-poverty schools. These schools are title one.The remaining 23 percent of the budget targets specific areas and reforms designed to leverage major changes in educational opportunity and excellence for all students, including the expansion of access to high-quality preschool, data-driven instruction based on college- and career-ready standards, making college more affordable, and mitigating the effects of poverty on educational outcomes. Around 90 percent of discretionary spending goes to formula funds that address the needs of disadvantaged poor and minority students, students with disabilities, and English learners.
Although major progress for America's students and jumps in college enrollment and cuts in the dropout rate for minority and low-income student there are deep gaps of opportunity and achievement. The Obama administration is committed to driving a new energy into solving these problems. They are working on everything from the federal education budget. This includes preschool funds, to Title I, to special education funds. They have created a new proposed fund, called the Race to the Top- Equity and Opportunity,this would complement existing efforts by further supporting strong state and local efforts to improve equity. It will create incentives for states as well as schools to drive comprehensive change in how states and districts identify and close opportunity and achievement gaps.