President Obama announced yesterday the creation of a STEM (science, technology, engineering and math) Master Teacher Corps. Selected teachers will receive an annual stipend up to $20,000 on top of their base salary and commit to a multi-year contract.

From The Washington Post :

The administration will make $100 million available immediately out of an existing fund to incentivize top-performing teachers. Over the longer term, the White House said it plans to launch the program with $1 billion included in Obama's budget request for fiscal year 2013...The program will start with 2,500 teachers divided up among 50 different sites, the White House said, but will grow to include 10,000 teachers over the next four years. Obama, in partnership with a coalition of groups including the Carnegie Corporation of New York, has set a goal of producing 100,000 additional math and science teachers over the next 10 years.

Tony Murphy, the executive director of the National Center for STEM Elementary Education, will join us to talk about the new Master Teacher Corps.

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