State's schools, once top in nation, now rank at bottom as budget cuts ravage K-12 and higher education

By Miriam Raftery

December 23, 2009 (Sacramento) – The Obama administration has challenged states to compete for federal “Race to the Top” (RTT) education funds aimed at improving under-performing K-12 schools. California is eligible for $300-$700 million of those funds—provided the Legislature and Governor can agree on changing state laws by January 19, 2010 to qualify for the funding.