26/09/2014
This makes me worry.
"The explosion of investor interest in education raises a number of questions, among them: What kind of influence will the for-profit education sector attempt to exert over education policy? And if school reform is crafted to maximize the potential for investor profit, will students benefit, as boosters claim—or will they suffer?
There’s also the question of the effect of privatization on costs. And there, the healthcare example gives reason for concern. The privatization of health services has corresponded closely with skyrocketing costs, leaving millions of Americans without access to care or deeply in debt for seeking treatment for their illnesses. While new laws, including the Affordable Care Act, have extended insurance coverage to some 10 million Americans, many remain without coverage. The United States still spends $8,745 per capita on healthcare, far above the average for all other industrialized countries."
Venture capitalists and for-profit firms are salivating over the exploding $788.7 billion market in K-12 education. What does this mean for public school students?