The McGraw-Hill Investor Fact Book
Excerpt from…
McGraw-Hill Investor Fact Book 2004
Education section – page 30 (PDF page 9)
“Since the passage of the No Child Left Behind (NCLB) Act in 2001, states and districts have been developing assessment plans to meet the new law’s requirements for standards, annual assessments, corrective actions, and annual state report cards.”
“Key to CTB’s (CTB/McGraw-Hill) base business is the implementation and continued funding of NCLB’s assessment and accountability provisions. The current Federal budget allocates $390 million for state development and implementation of these requirements. Most states will supplement their allocations.”
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