Presidential candidate Tom SteyerTom SteyerBloomberg wages war on COVID-19, but will he abandon his war on coal? Overnight Energy: 600K clean energy jobs lost during pandemic, report finds | Democrats target diseases spread by wildlife | Energy Dept. to buy 1M barrels of oil Ocasio-Cortez, Schiff team up to boost youth voter turnout MORE (D) revealed his education plan designed to double federal funding for pre-K through 12th grade education.

Steyer’s proposal aims to address inequality in education, learning resources and opportunities, specifically for students of color and students from low-income families.

“For too long, we have underinvested in our children and legislated inequities into the system that rob American students of the skills needed to thrive as participants in our democracy, society, and economy,” he said in a release. 

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“The smartest investment we as a society can make is in our people, and my plan will improve the quality of education every student receives regardless of zip code,” he added. 

The philanthropist’s plan seeks to provide free, universal access to “high quality” preschool and pay teachers as skilled professionals by matching every dollar they are paid by states and districts. 

Steyer also aims to cut the dropout rate in half, address child poverty, increase apprenticeships and workforce credentials earned in high schools, and freeze charter school expansion and boost accountability.

The presidential candidate said education contributes to “our collective prosperity,” adding that his mom worked as a teacher at New York Public Schools.

Steyer has received less than 1 percent of the total state delegate equivalents in the Iowa caucuses with 92 percent of precincts reporting as of Wednesday night. But he slid into third in last week’s Morning Consult poll for the early primary states behind former Vice President Joe BidenJoe BidenHillicon Valley: Biden calls on Facebook to change political speech rules | Dems demand hearings after Georgia election chaos | Microsoft stops selling facial recognition tech to police Trump finalizing executive order calling on police to use ‘force with compassion’ The Hill’s Campaign Report: Biden campaign goes on offensive against Facebook MORE and Sen. Bernie SandersBernie SandersThe Hill’s 12:30 Report: Milley apologizes for church photo-op Harris grapples with defund the police movement amid veep talk Biden courts younger voters — who have been a weakness MORE (I-Vt.).

The philanthropist has qualified for Friday’s New Hampshire debate.

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