- The Obama administration announced a new $1 billion plan on Wednesday to create a special group of master teachers who are rewarded for performance and share knowledge with colleagues.
- Master Teacher Corps educators would received an additional $20,000 a year and commit to participating over multiple years, and $100 million will immediately be available for teacher incentives.
- The White House plans to include the program on President Obama's official budget request for fiscal year 2013.
From the article:
The Obama administration unveiled plans Wednesday to create an elite corps of master teachers, a $1 billion effort to boost U.S. students' achievement in science, technology, engineering and math.
The program to reward high-performing teachers with salary stipends is part of a long-term effort by President Obama to encourage education in high-demand areas that hold the key to future economic growth — and to close the achievement gap between American students and their international peers. ...