On Monday, President Obama invited a group of CEOs from corporate giants including Intel, Time Warner, Bank of America, and Microsoft to a sit-down at the White House. In a time when cash-strapped states, districts, and schools are scrambling to plug budget shortfalls, the president’s message was clear: Business needs to open its pocketbook and do more to fund K–12 education.
White House policy adviser Melody Barnes and Secretary of Education Arne Duncan addressed the business leaders, echoing the president’s State of the Union speech, which stressed K–12 system improvement as vital to America’s economic growth. Barnes said business leaders were acutely aware of the need to better prepare students for today’s workforce, while Duncan noted that “business can be an amazing partner in driving reform.”
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