Campaign for America’s Future: Are Public Schools and Private Equity a Bad Mix?

Jeff Bryant, CC BY, Jul 06, 2016
Commentary by Stephen Downes

The short answer to this question in that, yes, they are a bad mix. They offer choice, but "these publicly financed arrangements come with great risks, however, due to the high failure rates of charter schools." Additionally, there is the danger of loss of control of the school system. "Charter schools, for instance, are fundamentally less democratic than public schools... a system in which charter school real estate and operations are controlled by private equity takes control out of the community." See also the New York Times, When you dial 911 and Wall Street answers. Image: Eton, from geograph. See also SpinWatch: The final frontier for privatisation: schools.

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