Return on investment.
On April 11, Secretary Duncan testified on the
Administration's continued investments in education before the
House Appropriations Subcommittee on Labor, Health and Human Services,
Education, and Related Agencies. "The big takeaway message here is
that education is more than a set of numbers on the ledger line,"
he stressed. "Education is not just an expense--it's an
investment. In fact, it is one of the most critical investments in the
future that we, as a nation, can make. America cannot win the race for
the future without investing in education. ..." The Secretary
sketched out some important progress made during the President's
first term, highlighted urgent educational challenges that remain, and
talked about the ROI--the return on investment in education
spending--with special emphasis on the President's pre-school plan.
He also summarized other core elements of the President's 2014