The Race to the Top finalist states were announced today. 15 states are in the hunt for some portion of $2.3 billion, which is less than one-half of a percent of annual K-12 education spending. It is rounding error.
The contest may shape state and local education policy debates where something might actually happen, but no one should be fooled into thinking that this money is going to have any significant, direct effect.
But it will certainly keep the chattering class busy with excitement. My reaction is… Yawn.