AP Photo
New Bill & Melinda Gates Foundation CEO Jeff Raikes talks during an interview with the Associated Press Wednesday, May 27, 2009, in Seattle. The foundation spent billions of dollars exploring the idea that smaller high schools might result in higher graduation rates and better test scores. Instead, they found that the key to better education is not smaller schools but more effective teachers. Some people might cringe while recounting how much money the foundation spent figuring this out, but Raikes smiles and uses this as an example to explain that the charity has the money to try things that might fail.
