The biggest financial school board in America is getting a $1.5 billion infusion from a group of billionaires in a major expansion.
The National Education Association announced the announcement Monday in a letter to education leaders.
President Donald Trump’s education secretary Betsy DeVos is spearheading the $1 billion investment to the American Federation for Children, a conservative education advocacy group.
“I applaud the American Education Association for joining forces with DeVos to create the largest expansion of public-private partnerships in history,” DeVos said in a statement.
“The funding will support our mission of empowering the next generation of leaders and creating a world-class education system.”
The funding is expected to create more than 1,000 new positions and create new positions in the American Board of Education.
It will also provide grants to states and private foundations that want to expand their boards, the association said.
The new schools will include schools that will be open by 2020 and open for students who need special needs or have special education needs.
A new $5 billion school will be built in New Orleans, Louisiana, and will include $250 million in private money, the foundation said.
Teachers unions, some of which backed Trump’s election, have opposed the plan, arguing that it will lead to layoffs, and critics say the schools will make the system less inclusive.
In addition to New Orleans and Baton Rouge, the new schools are set to open in Chicago, New York, Philadelphia, Miami and Washington, D.C. Education leaders have been concerned that the funding will lead the nation’s schools to resemble the system in California, which has a $10 billion school funding plan.