
Education Department releases $5 billion to schools after monthlong hold
At the beginning of July, the Trump administration paused the typical release of almost $7 billion in funding to schools that went toward after-school and summer activities, classes for English learners and adults and teacher preparation programs, among other things.
Last week, the administration released more than $1 billion for after-school and summer programs but declined to say when the rest would be released.
'OMB has completed its review of Title I-C, Title II-A, Title III-A, and Title IV-A ESEA funds and Title II WIOA funds, and has directed the Department to release all formula funds. The agency will begin dispersing funds to states next week,' said Madi Biedermann, deputy assistant secretary for communications for the Education Department.
Republicans were quick to celebrate the release many had fought for.
Both of West Virginia's Republican senators, Shelley Moore Capito and Jim Justice, quickly reacted to news.
'This supports critical programs so many West Virginians rely on and I made that clear to OMB Director Vought,' Capito said on X, referring to Russ Vought, director of the White House Office of Management and Budget.
'The release of these funds will undoubtedly have a positive impact on the kids of West Virginia,' Justice, a former governor, said on X.
Capito had led an effort among Senate Republicans earlier this month to push for the funding release.
'Exciting news to announce! All frozen education funding for the upcoming school year have been released, following my letter to the OMB! It helps centers like @KidsCanOmaha and our schools!' Rep. Don Bacon (R-Neb.) posted.
The White House argued the funds were paused because some money was going to a 'radical leftwing agenda.'
An administration official told The Washington Post 'guardrails' have been put on the money to align with the administration's agenda, similar language described in the release of the first $1 billion. It is unclear what these guardrails are or how they will affect the funding.
The move received bipartisan pushback, with a letter from 10 Republican senators and a lawsuit from Democratic-led states demanding the funds be released.
The pause in funds led to delays and closures in some programs and layoffs at schools in Alaska.
'We are pleased public schools will receive the funding as appropriated by Congress for the 2025-26 school year. On the heels of our survey released Tuesday, detailing how disruptive withholding these funds would be for our nation's students, we thank our members and allies on the Hill. We appreciate their tireless advocacy, communication and outreach to the Administration about the importance of releasing these critical funds,' said David Schuler, executive director of The School Superintendents Association.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
Investing in Cedar Woods Properties (ASX:CWP) three years ago would have delivered you a 108% gain
By buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with prowess, you can make superior returns. Just take a look at Cedar Woods Properties Limited (ASX:CWP), which is up 80%, over three years, soundly beating the market return of 22% (not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 62%, including dividends. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Cedar Woods Properties was able to grow its EPS at 29% per year over three years, sending the share price higher. This EPS growth is higher than the 22% average annual increase in the share price. So one could reasonably conclude that the market has cooled on the stock. We'd venture the lowish P/E ratio of 11.71 also reflects the negative sentiment around the stock. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We know that Cedar Woods Properties has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts. What About Dividends? When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Cedar Woods Properties the TSR over the last 3 years was 108%, which is better than the share price return mentioned above. This is largely a result of its dividend payments! A Different Perspective We're pleased to report that Cedar Woods Properties shareholders have received a total shareholder return of 62% over one year. And that does include the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 13% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Cedar Woods Properties , and understanding them should be part of your investment process. Of course Cedar Woods Properties may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data


Fox News
19 minutes ago
- Fox News
'We are bullish about the future because America is back,' says Mike Johnson
Speaker of the House Mike Johnson, R-La., touts the successes of the Trump administration so far this term on 'One Nation.'
Yahoo
an hour ago
- Yahoo
Investing in Cedar Woods Properties (ASX:CWP) three years ago would have delivered you a 108% gain
By buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with prowess, you can make superior returns. Just take a look at Cedar Woods Properties Limited (ASX:CWP), which is up 80%, over three years, soundly beating the market return of 22% (not including dividends). On the other hand, the returns haven't been quite so good recently, with shareholders up just 62%, including dividends. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Cedar Woods Properties was able to grow its EPS at 29% per year over three years, sending the share price higher. This EPS growth is higher than the 22% average annual increase in the share price. So one could reasonably conclude that the market has cooled on the stock. We'd venture the lowish P/E ratio of 11.71 also reflects the negative sentiment around the stock. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We know that Cedar Woods Properties has improved its bottom line lately, but is it going to grow revenue? You could check out this free report showing analyst revenue forecasts. What About Dividends? When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Cedar Woods Properties the TSR over the last 3 years was 108%, which is better than the share price return mentioned above. This is largely a result of its dividend payments! A Different Perspective We're pleased to report that Cedar Woods Properties shareholders have received a total shareholder return of 62% over one year. And that does include the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 13% per year), it would seem that the stock's performance has improved in recent times. In the best case scenario, this may hint at some real business momentum, implying that now could be a great time to delve deeper. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Consider for instance, the ever-present spectre of investment risk. We've identified 3 warning signs with Cedar Woods Properties , and understanding them should be part of your investment process. Of course Cedar Woods Properties may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data