Named education as one of three areas "critical to our economic future" for which he will propose large increased spending
Proposed grant money to states that develop high-quality early childhood education programs
Supports merit pay for teachers that perform well
Called on states to eliminate caps on the number of charter schools they allow
Index Pell Grant money to inflation, replace subsidized private tuition lending with direct government lending
Economic stimulus bill contained $100 billion of education spending, including funds for state aid, tuition tax credits, Pell Grants, and low-income schools