America's education system falling short of expectations: Obama

Under this programme States leading the way on school reform will be eligible to compete for $4.35 billion in Race to the Top competitive grants to support education reform and innovation in classrooms.

WASHINGTON: Acknowledging that the education system of his country is falling short of expectations, US President Barack Obama today said Americans will not succeed in the 21st century unless they do a better job of educating every child and making sure that they are performing.

"In an economy where knowledge is the most valuable commodity a person and a country have to offer, the best jobs will go to the best educated -- whether they live in the United States or India or China," Obama said in his speech at the Department of Education.

"In a world where countries that out-educate us today will out-compete us tomorrow, the future belongs to the nation that best educates its people," Obama said.

"We have talked about it for decades but we know that we have not made the progress we need to make," he said.

The United States, a country that has always led the way in innovation, is now being outpaced in math and science education, Obama said, as he went on to announce the new initiative "Race to the Top" to prepare every child, everywhere in America, for the challenges of the 21st century.

"That race starts today," Obama said. Under this programme States leading the way on school reform will be eligible to compete for $4.35 billion in Race to the Top competitive grants to support education reform and innovation in classrooms.
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