State education officials have a new tool to help them predict which investments will pay dividends as they try to boost the number of college graduates who major in science, technology, engineering, and mathematics (STEM) fields.

Defense company Raytheon introduced an open-source program July 8 that will be customizable for the country's largest school districts, colleges, and state education systems. The program, called the U.S. STEM Educational Model and supported by the Bill & Melinda Gates Foundation, will help officials analyze how they should allocate budgets that have stagnated or shrunk during the economic recession as they seek to increase the number...

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