Obama’s plan cuts $4 trillion matics education. A total of $80 million will be allotted toward the Effective Teachers and Leaders State Grant program, to help 100,000 teachers become proficient with the science, technology, engineering and math standards. A $30 million joint mathematic education initiative with the Department of Education and the National Science Foundation is proposed as well, designed to help educators meet these standards. With the proposed budget also calling for deep spending cuts, as well as taxes on the wealthiest Americans, many analysts predict these measures will be met with strong opposition as the budget goes to Congress for approval before it takes effect in October.
WEDNESDAY February 15, 2012 Volume 97, Issue 74 W W W.T H E D A I LYA Z T E C . C O M
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Amidst spending cuts, Obama boosts the education budget Kevin Smead assistant news editor On Monday, President Barack Obama sent his proposed budget for the 2013 fiscal year to Congress. The main focus of the budget, according to Obama, is to reduce the national deficit by $4 trillion throughout the next decade. Among the extensive budget’s many components is a plan to provide adequate funding for education through a number of efforts. The budget allows for $69.8 billion in total education spending, a 2.5 percent increase from this year. Much of this money will be focused on the K-12 system by funding numerous programs. This may include Promise Neighborhoods, which provides support for “high-need” families, as well as School Turnaround Grants, which assists the lowest performing schools in the nation. One program that is due for a pro-
posed expansion is Race to the Top. Started in 2009, this program has designed to reform education innovation. According to the administration, it will implement rigorous standards and assessments, use data to improve instruction and decision-making, recruit and retain effective teachers and principals, turn around the lowestperforming schools and improve state systems of early learning and care. While the program currently encompasses K-12, the proposed expansion would bring the program to higher education, in the form of Race to the Top: College Affordability and Completion. Though the specific details regarding the program’s new sections are few, the administration’s goal of more affordable college costs is clearly stated. The proposed budget also plans to address the growing issue of student loan debt, which recently surpassed credit card debt as the highest in the country. One of the budget’s priorities is to cap the student loan interest level at 3.4 percent, instead of increasing it to 6.8 percent starting this summer. The administration has made it clear that with the economy still in its recovery phase and market interest rates
remaining low, it “makes no sense to double rates on student loans.” In addition, a portion of the education budget is set aside for continued funding of the Pell Grant, which provides financial aid for many college students. The two biggest initiatives, however, according to NPR, are “unprecedented in funding and scope.” In an effort to foster job creation in the fields of science and technology, $8 billion will be allotted to the Departments of Education and Labor to help state and community colleges expand their career centers. The administration said the ultimate goal of this endeavor is to create skilled jobs easily accessible for all Americans through higher education, keeping the U.S. competitive on the world stage. In conjunction with this, the administration also recommends renewing the Career and Technical Education program, which would “restructure CTE to align what students learn in school with the demands of 21st-century jobs.” The proposed funding for the program is $1.1 billon. The other large initiative put forth in the budget is an overhaul of science, technology, engineering and mathe-
OPINION
President’s 2013 budget proposal shows fiscal responsibility.
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V-Day burglar has date with jail Beth Elderkin managing editor San Diego State’s Love Library had a little less love on Valentine’s Day yesterday, after a male nonstudent was arrested for stealing several electronics from people in the library. 25-year-old Sami Youssouf was apprehended by the SDSU Police Department yesterday afternoon and is being charged with four counts of
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burglary. Youssouf allegedly stole two iPhones and a Dell laptop from the library at approximately 2 p.m. before entering the SDSU Bookstore with what SDSUPD Capt. Lamine Secka said was “the intent to steal something out of there.” All the stolen electronics were returned to their owners, Secka said, and no other library patrons reported anything missing. According to Secka, SDSUPD believes Youssouf was being assisted by an accomplice.
Wall Street recap Stocks started out the week higher, after positive news from Greece reassured the markets the troubled nation was coming up with plans to avoid financial collapse, despite painful austerity measures. All the indices increased by less than one percent. Tuesday morning saw the markets return most of Monday’s gains. The Dow Jones industrial average sank 47 points to 12,820, the Nasdaq fell by 15 points to 2,915 and the Standard & Poor’s 500 fell by nearly seven points to 1,353. The yield on the 10-Year Treasury Note declined by almost 2 percent to a yield of 1.99 percent.
“We have some information that there may have been one other person, based on some of the statements from some of the victims,” he said. “But we don’t have a concrete description of the person.” According to a community notification sent by SDSUPD yesterday afternoon, the pair had a strategy for coaxing victims away from their personal items: “One suspect distracts the victim by asking a question, while the other suspect steals the victims’ property.” Secka said the SDSUPD gets many
Apple stock passes $500 mark Apple stock traded at more than $500 on Monday, for the first time in its history. Trading up to $503.82, this is a huge milestone for the company. Apple built its brand by making products people love, and made it cool and trendy. Even with the absence of Steve Jobs, investors are quite confident in the earning power and innovational talent that has kept Apple going all these years. In an article from Yahoo Finance, former chief of retail sales Ron Johnson said Apple’s “best days are still in the future.” Johnson is the current CEO of J.C. Penney.
theft reports from Love Library, but they typically don’t involve a pair working together to commit the crimes. “This is probably the first time, at least for this school year, that there has been more than one person,” he said. Youssouf will likely be transferred to jail sometime today. As of yesterday evening, the other possible suspect’s location was unknown. SDSUPD is asking anyone with information regarding the thefts to contact the police department at 619-594-1991 regarding case number 12-0268.
Following strong criticism, Apple announced it asked the Fair Labor Association to conduct special audits of assembly suppliers such as the Foxconn plant in China. Johnson said “a lot of attention” was given to these issues while he worked at the company. Corporate governance and labor experts say Apple can be a leader and set good examples in this area because of its massive size in the marketplace.
—Compiled by Staff Writer Chet Galloway
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LO O K I N G T H R O U G H OUR LENS
We’re the only animals with the ability to kill entire species outside our natural food chain. Coerced extinction, the apex of apexes. B A C K PA G E
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