The Obama administration is offering $4.4 billion to a select group of states willing to push school reforms, and Colorado officials are working on a pitch to win what lawmakers call the education Powerball, according to Business Journal media partner FOX 21 NEWS.It could bring another estimated $400 million to Colorado over four years, depending on how many states are chosen and how big they are.
Between eight to 10 states are expected to win.
The federal government won’t outline its criteria for changes until next month.
But state lawmakers have already passed bills aimed at boosting Colorado’s odds of getting the money.
The proposed programs from the bills would only become reality if Colorado wins the stimulus money.