Federally subsidized loan rates are set to double in just a month and a half unless lawmakers and the administration can come to an agreement.
The federal share of school spending is still well above where it was before the recession and the economic-stimulus package.
Most Race to the Top states are keeping their participating districts on board, even as a couple of states run into trouble.
Student loans were the number one topic when U.S. Secretary of Education Arne Duncan testified before the House education panel today on President Barack Obama's budget proposal.
Thirty-seven states plus the District of Columbia now have their own federally approved but state-crafted accountability plans.
A spokesman for the U.S. Secretary of Education said federal officials are thinking through the concerns about high stakes tied to the common core "carefully."
New funding for STEM education at the U.S. Department of Education included in the U.S. Senate's immigration legislation.
Fewer students will likely participate in a national test designed to see how well American kids are mastering civics, history, and geography - thanks to the across-the-board spending cuts known as sequestration.
Each of the 12 original Race to the Top states, plus the seven third-round winners, promised to adopt and implement the common core standards.
Employees at the U.S. Department of Education won't face furloughs due to the cuts from sequestration, according to a memo sent to staff late this afternoon.