Financing And Financing Education Chapter 7 Analysis

1. A Categorical grant is a grant that passed by Congress that can only be spent on specific purposes. These grants are used mainly to aid state and local governments and are separated into two groups. Project grants are usually competed for by states while formula grants are given based on standardized formulas set by Congress.

With the ever-increasing tuition and ever-tighten federal student aid, the number of students relying on student loan to fund a college education hits a historical peak. According to a survey conducted by an independent and nonprofit organization, two-thirds of college seniors graduated with loans in 2010, and each of them carried an average of $25,250 in debt. (Reed et. al., par. 2). My research question will focus on the profound effect of education debt on American college graduates’ lives, and my thesis statement will concentrate on the view that the education policymakers should improve financial aid programs and minimize the risks and adverse consequences of student loan borrowing.

Once again, he finds children that are forced to learn in a facility that isn’t fit to be inhabited, much less a school. He the visits P.S. 79, which is extremely overcrowded, After viewing these two decrepit schools, he visits Riverdale, P.S. 24. Because of the property value of the houses around Riverdale, the school gets a lot more money than either P.S. 261 or P.S. 79. This chapter focuses on how money is divided up to schools. It appears that the value of the homes in the district far a school determines the amount of money that in invested into that school. Kozol emphasized the importance of financial need in the school system therefore giving a positive outlook on many of the schools. He incorporated the fact that values and income does determine the level of a child’s education.

Categorical Grants: Categorical grants are defined as Federal grants for specific purposes, such as building an airport. In other words, categorial grants are the federal grants of money that require the money to be spent on one single project. Categorical grants allow for guidance on what the money is to be spent on. The federal government has more control over the money and what it is to be spent on. Due to this other aspects of the state government are not improved on due to the funds not being able to be put into other categorical programs or projects that are needed. The state government has to somewhat pay back what money the federal government gave them and this is why the amounts given are small amounts of money. An example of categorical grants is when money is to be put into school lunch programs and not to be spent on books or supplies for the

     High school teachers’ average salary varies across the world. The United States is said to be one of the richest countries in the world, yet our teachers are being paid one of the lowest amounts. The Education Intelligence Agency, author of the article “Ohio Teacher Overcomes Union’s Tolerance” published an International Teacher Salary Report ranking the fifty states by “how much the average salary exceeded per capita personal income.” According to the Education Intelligence Agency Ohio’s percentage rate is only fifty- five point one percent. According to the Education Intelligence Agency the lowest state percentage is in South Dakota at twenty- three point six percent and the highest state percentage is

Block grants have been implemented that focused on health and drug abuse, maternal and child health, low income people and community development. These block grants is the combination of many grants that provide local government to be flexible for spending decisions.2 The growth in federal grants to state or local government has been for the programs that are useful for individuals that have made directly through payments to service providers on their behalf. These programs include Medicaid, assistance of house, children’s health insurance program. Federal grants have provided more funding to health sector around 48% and 52% is for other

There are many reasons for federal grants existence, such as grants that promote efficiency by utilizing state and local government localized knowledge that can implement grant programs more efficiently than the federal government because it can more easily adjust resource allocation or infrastructure, to name a few (Federal grants to state and local governments, 2013). Some grants encourage state and local governments to adopt federal policy priorities or foster policy experimentation at the state and local levels that would be difficult to achieve in a single national program (Federal grants to state and local governments, 2013). Grantees seek federal grant opportunities to help offset budgetary shortfalls or use as a catalyst to help promote

There is a block grant which is a broad grant of money given by the federal government to a state government. The grant specifies the general area in which the funds may be spent but leaves it to the state to determine the specific allocations. There is also a matching grant which is a grant of money given by the federal government to a state government for which the federal government provides matching funds, usually between one and two dollars, for every dollar the state spends in some area. The major difference between a block grant and a matching grant is in a block grant the federal government usually states spending levels, while in the matching grant allows for major program expansion but creates a “moral hazard” in which people behave differently and often take more risks when they do not have to pay all the costs of their

Teachers have and will always have a big impact in everyone’s life and if not everyone, well, at least they did for me. They teach you everything you need to know about a subject and valuable life lessons, so why are they not paid sufficiently enough to make a decent living? Teachers salaries have always been low and I believe it is the time that changes. Being a lawyer, doctor, or engineer is great, but none of that would be possible without the insight of a teacher, I will inform you in this paper on why I believe there is a need for action. I will go over the background of teacher’s salaries, my ideas on what would be best for teachers not just in Texas, but nationwide, and pros and cons on the issues and ideas at hand.

An federal grant is a money related recompense given by the elected, state or nearby government to a qualified grantee. Federal grants are not anticipated that would be reimbursed by the beneficiary. Salary to exclude specialized help or different types of budgetary help, for example, a credit or advance ensure, a loan fee endowment, direct appointment or income sharing. There is ordinarily an extensive application procedure to qualify and be endorsed for an administrative salary. Most beneficiaries are required to give occasional reports on their award task's advancement.

In my educational experience, the goal of learning has almost exclusively about understanding the material presented to me rather than just remembering. My teachers have at the lower levels and critical thinking and application at the higher ones. If feel that I personally have benefited greatly from the system that I have grown up in, for while struggle considerably with memorization, I quite enjoy thinking about and trying to understand new concepts in order to be able to use them in my work. I think because of this I strongly agree with Freire condemnation of the “The Banking Model of Education”.

With beginning teachers usually earning entirely less than other college graduates, the profession is at loss of top-notch, quality people who tend to find jobs seeking more money. Almost 50 percent leave the profession within 5 years, lured by higher pay and prestige elsewhere in the booming U.S. economy (World, 1999, par. 7). Starting teachers average a $25,735 salary in the United States compared to an engineer earning $56,820 or a physical therapist earning $56,600 (Engineer, 2000, par.1). And what signal does it send out about the value of good teachers and a good education when a 45-year-old teacher with a master’s degree earns $45,000 a year and a 25-year-old out of law school often starts at $80,000, considering a six year education for a master’s degree and a seven year education for a law degree (Greenhouse, 2002, par. 4)? A teacher is also given no compensation for the long hours spent basically in overtime work. The teacher’s day does not end when they leave school because if lesson plans, grading, or planning is not completed, it will have to be finished on their own time. Accountants, paralegals, and engineers all are compensated and get paid overtime for work that does not get completed in a regular day or if they want to stay and

Within the federal government’s budget education is among the most important yet in the year of 2012 the federal government only spent $107.6 billion out of 3.7 trillion which amounts to 3% on education. Compared to other funding categories in the government’s fiscal year of 2012's budget it's clear to see that education isn’t as important to the government officials as they would like us to believe. Many Americans today are lead to believe that education is important to government officials and it receives an adequate amount of funding because they don't know how much funding is put into the other categories of the budget. The funding put into education in the year 2012 is only 1/8 of social security spending and 1/5 of Medicare

Lurking over our great country is a troubling issue that is plaguing the professional educational workforce. When compared worldwide, American teachers work the most hours, yet are paid in the lowest brackets when related to the top 32 nations (Teachers Pay). In addition, when you compare a teacher’s salary to other four year degree salaries, teachers are among the 5 lowest paid degrees (O’Shaughnessy). Not only are the salaries among the lowest in the American workforce, a typical teachers at home workload exceeds all other professional jobs by 20% (Current). Furthermore, teachers were only given a 2.3% salary raise in 2009. Yet the rate of inflation rose to 3.1% causing a loss in purchasing power and creating a hardship on the

According to Coulson (2011), the unions of teachers has helped to drive up the cost of a student in the K-12 school system and to protect even those teachers with low performance. Since 1970, the cost of a student in the K-12 system has raised from $55,000 to $155,000, but the performance of the students have declined since then (Coulson, 2011). Where is the rest of the money? I believe that a teacher need to have a