WASHINGTON (AP) -- President Barack Obama is offering $900 million in grants to states and school districts to turn around low-performing schools and cut the dropout rate.
To get a share of the cash, recipients will have to take drastic actions -- such as replacing principals, reopening schools as charter schools or closing them outright.
The president is to announce the plan Monday at an education event sponsored by the America's Promise Alliance. That's the youth-oriented organization founded by former Secretary of State Colin Powell and his wife, Alma. Obama will also discuss ways to better prepare students for college and careers.