100kin10 Raises $28 Million To Fund STEM Education

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The Obama administration has raised another $28 million to go to funding STEM education. The funding is part of the “100kin10” initiative which has the goal of recruiting 100,000 STEM teachers over the next decade. So far the initiative has awarded $53 million for recruiting.

In addition to the funding for teachers, the award will also go to support the Change the Equation initiative which is a group effort by a coalition of CEOs which aims to expand STEM programs to 1 million students by 2016.

AT&T, Carnegie Corporation of New York, Freeport-McMoRan Copper and Gold Foundation, Lockheed-Martin, the New York Attorney General’s Office Settlement Fund, Noyce Foundation, the Bill and Melinda Gates Foundation, the Charles and Lynn Schusterman Family Foundation, and the Tortora Sillcox Family Foundation were all part of the fundraising effort for the award.

Discovery Communications will also launch a new show to educate viewers about STEM fields.

The aim of the initiative is to launch “ambitious national goals” for education. Those goals include moving American students from the middle to the top of international rankings in STEM, and broadening participation in STEM fields for women and minorities.