Privatizing Public Schools: Big Firms Eyeing Profits from U.S. K-12 Market

This piece does a decent job of  treating all sides in this debate of whether and how much control vendors should have in teaching our public school students. It’s a rich and thoughtful discussion, worth reading.  — Kelly Searsmith

by Simon Moon / Reuters: HuffPost Education / 2 August 2012

The investors gathered in a tony private club in Manhattan were eager to hear about the next big thing, and education consultant Rob Lytle was happy to oblige.

Think about the upcoming rollout of new national academic standards for public schools, he urged the crowd. If they’re as rigorous as advertised, a huge number of schools will suddenly look really bad, their students testing way behind in reading and math. They’ll want help, quick. And private, for-profit vendors selling lesson plans, educational software and student assessments will be right there to provide it.

“You start to see entire ecosystems of investment opportunity lining up,” said Lytle, a partner at The Parthenon Group, a Boston consulting firm. “It could get really, really big.”

Indeed, investors of all stripes are beginning to sense big profit potential in public education.

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Source: stock.xchng