Federal education officials last week pledged that the economic-stimulus program's $650 million innovation fund will reserve the largest grants for schools, districts, and nonprofit organizations that want to finance programs with proven track records and are ready to grow. In the U.S. Department of Education's first substantial preview of the…

U.S. Secretary of Education Arne Duncan said that he plans to demand radical steps--such as firing most of a school's staff or converting it to a charter school--as the price of admission in directing $3.5 billion in new school improvement aid to the nation's 5,000 worst-performing schools. In sharp contrast to the current free-flowing nature of…

Federal education officials will face a variety of obstacles in running a $650 million innovation fund, from an expected flood of applications and concern about favoritism in picking winners, to skepticism about the government's ability to drive innovative change in education. Meanwhile, the U.S. Department of Education--which last month offered…