Stephanie Simon:

The Obama administration plans to use tens of millions in federal financial aid as leverage to reward teacher training programs that produce teachers who routinely raise student test scores — and to drive the rest out of business.

Education Secretary Arne Duncan will announce the revival of a push to regulate hundreds of teacher preparation programs Friday at a town hall meeting with White House policy director Cecilia Muñoz. He plans to release a draft regulation by summer and aims to enact it within a year.

The goal: To ensure that every state evaluates its teacher education programs by several key metrics, such as how many graduates land teaching jobs, how long they stay in the profession and whether they boost their students’ scores on standardized tests. The administration will then steer financial aid, including nearly $100 million a year in federal grants to aspiring teachers, to those programs that score the highest. The rest, Duncan said, will need to improve or “go out of business.”