By Michele McNeil
Today, the Obama administration will announce details of a $100 million competition for high schools that better prepare students for college and high-tech careers, U.S. Department of Education officials confirmed this morning.
First reported in the Wall Street Journal, the competition is shaping up to be a mix between the federal Race to the Top and Investing in Innovation programs, and will be funded and run through the Department of Labor. Between 25 and 40 grants will be awarded next year for high schools that team up with colleges and employers. The grants will range in size from $2 million to $7 million. Just as with the i3 competition, winners will have to secure private matching funds of at least 25 percent to get their grant.