Billionaire Bill Gates will invest more than $1 billion in U.S. public schools
Bill and Melinda Gates have pledged to commit $1.7 billion over the next five years to bolstering public education in the US. The money will get divided into three buckets: public school curriculum, "big bets," and charter schools. The investment is the largest the Gateses have made since entering the education space 17 years ago. Gates wants schools and educators to drive the process. In a speech delivered to the Council of the Great City Schools, the former CEO of Microsoft outlined his foundation's plan to standardize public school curricula, improve teaching quality, assist charter schools, and and collect better data to guide future changes. ::Also Read:: "Education is, without a doubt, one of the most challenging areas we invest in as a foundation," Gates said in the speech, which was transcribed in a Gates Notes blog post. "But I'm excited about the shift in our work and the focus on partnering with networks of schools." “Every student sho...