By The Washington Post

Microsoft co-founder Bill Gates announced Thursday that his foundation will invest more than $1.7 billion in public education, money that will go to support schools interested in developing and testing new approaches to teaching.

“Every student should get a great public education and graduate with skills to succeed in the marketplace,” said Gates, who delivered the keynote address before about 1,000 school officials at the Council of the Great City Schools conference in Cleveland. “The role of philanthropy here is not to be the primary funder, but rather to fund pilots, to fund new ideas, to let people – it’s always the educators coming up with the ideas – to let them try them out and see what really works super well and get those to scale.”

Source: Bill Gates announces a $1.7 billion investment in US public schools