Bill Gates has been an education-focused philanthropist since 2000 and over the next five years, the Bill and Melinda Gates Foundation plans to invest $1.7 billion in U.S. public education. Earlier this month, the tech billionaire spoke at the Council of the Great City Schools and shared how he and his wife plan to spend this money.
"By and large, schools are still falling short on the key metrics of a quality education — math scores, English scores, international comparisons and college completion," he says.
According to Gates, one of the biggest issues in public education is inequality. "Melinda and I made public education our top priority in the U.S. because we wanted to do something about the disparity in achievement and post-secondary success for students of color and low-income students," he says. "That inequity persists today, and we are just as determined now to eliminate it as we were when we started."