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Fabian Aguilar

Tom Vander Ark: The Role of the Private Sector in Education - 0 views

  • The education sector bias (and related legal prohibitions) against investment by private companies is remarkable in contrast to other public delivery systems.
  • We don't mind if textbook publishers update versions, but hackles go up when private operators propose school management. Most of this is just disguised job protection; the rest is historical bias.
  • Mosaica and NHA are offering a service that is clearly superior to near by public schools and doing it for less money. They usually have to provide their own facility with no public funding. Yet they are prohibited from holding charters directly in most states. They find or construct a non-profit corporation which seeks a charter and then contracts with them for school management services. They run the risk of being kicked out of a school that they invested hundreds of thousands of dollars to open.
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  • The $650 million Invest in Innovation Fund (i3) will soon be doled out primarily to school districts -- folks with very little ability to invest in, manage, or scale innovation. Unlike the Department of Energy, public-private partnerships are prohibited. If the US Department of Education was able to invest half of i3 in private ventures, it would be multiplied several times over by private investment (10x in some cases), it would fund scalable enterprises with the potential for national impact, and the innovation would be sustained by a business model.
  • We send our kids to privately run hospitals, we travel over privately constructed roads, and we buy power from private companies. Private sector investment and innovation should play a more important role in American education.
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