Billionaires Start $60 Million Schools Effort

this is a very good artical about the efforts being made by the very wealthy to aid in education.

By DAVID M. HERSZENHORN
Published: April 25, 2007
Eli Broad and Bill Gates, two of the most important philanthropists in American public education, have pumped more than $2 billion into improving schools. But now, dissatisfied with the pace of change, they are joining forces for a $60 million foray into politics in an effort to vault education high onto the agenda of the 2008 presidential race...

http://www.nytimes.com/2007/04/25/education/25schools.html?ref=education