-- Perkins Loans Institutional Fund recall, $664 million - The Bush Administration wants to withdraw the entirety of federal matching funds used to underwrite the Perkins Loan program, which cancels student loans for qualified teachers serving students from low-income families, of students with disabilities, or in the fields of mathematics, science, foreign languages, or bilingual education
-- Teaching American History, $71 million - supports programs that raise student achievement by improving teachers' knowledge, understanding, and appreciation of American history
-- Physical Education, $47 million - initiates, expands and improve physical education programs for students from kindergarten through 12th grade in order to help students make progress toward meeting state standards for physical education
-- Mentoring Program, $30 million - promotes mentoring programs for children with greatest need by assisting them in receiving support and guidance from a mentor and to improve the academic achievement of those children. Additionally, mentoring programs work to reduce the dropout rate of at-risk children and to reduce juvenile delinquency and involvement in gangs.
TOTAL US DEPARTMENT OF EDUCATION SPENDING CUTS PROPOSED BY PRESIDENT BUSH FOR 2006 - 2007 : $4,279,000,000
