Why You Should Care about the Cares Act

  By Charles Sosnik $30.75 Billion. That sounds like a lot of money. Included in the Coronavirus Aid, Relief, and Economic Security Act that Congress passed, approximately $30,750,000,000.000 was appropriated for education. See how big it looks when you write it out? It looks even bigger when you realize that this money comes with very few strings attached. Here’s how the funding shakes out: $13 billion for K–12 state education agencies $14 billion for institutions of higher education $3 billion for governors to support K–12, higher education, and other education-related entities $600 million for states with the highest coronavirus burden, […]

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