The source of the prize aside, I couldn't help but notice this:
Iannucci said he’s considering putting the money toward his $78,000 in student loan debt. He attended Seton Hall University, then graduated from Montclair State University with a degree in computer science. He later earned a master’s in educational leadership from Montclair State. [emphasis mine]If the Milkens really want to help teachers, they'd put their money into lobbying for revisions to the tax code that stop giving Wall Street-types enormous tax breaks. We could then put that money into helping young people who are committed to public service pay off their outrageous student loan debts.
No society that really cared about elevating the profession of teaching would allow educators to go into this kind of hock. In fact no one, teacher or otherwise, should incur this kind of debt merely from earning a college degree.
A society that cares more about keeping taxes on the super-rich low while forcing middle-class people who go to college to carry this kind of burden clearly places very little value on education at all. I'm happy for this teacher, and he deserves this prize, but he and every other young person who works hard and plays by the rules deserves more support than this.