The inauguration of Joe Biden takes place this week. The President-elect recently proposed a $1.9 trillion stimulus package which includes new aid for K-12 and higher education. Here are the details on his approach, which has been called a “rescue plan” aimed at reopening schools.
(Updated 1/14) A new, $1.9 trillion stimulus package proposed by President-elect Joe Biden would dedicate an additional $170 billion for K-12 schools and higher education, as well as spending billions more to prop up the state and local governments that are critical to funding education.
Biden’s announcement comes less that a month since Congress approved a $900 billion Covid relief package that included about $82 billion for education. The December 2020 package provides:
- $54.3 billion for K-12 schools, largely delivered through Title I funding. That’s about four times what schools received in the CARES Act approved in March.
- $22.7 billion for higher education with $1.7 billion set aside for minority-serving institutions and close to $1 billion for for-profit colleges
- $4 billion for governors to spend at their discretion, with $2.7 billion of that for private schools.Biden’s proposal would put another $130 billion toward K-12 schools and $35 billion to support higher education institutions. Another $5 billion would go to governors to use at their discretion for the “hardest hit” K-12, higher education or early education programs. The K-12 dollars would be focused on helping schools reopen, though the allowable uses would be quite broad, A portion would be used challenge grants focused on educational equity.