Tuesday, December 18, 2012
With Common Core, "You start to see entire ecosystems of investment opportunity lining up…It could get really, really big."
How does the growth of charter schools depend upon the Rotten Common Core? See below.
Thanks to Stan Karp:
A new report & presentation from Newark State District Supt. Cami Anderson may lay the groundwork for more school closings, charter expansion, co-locations and staff firings. Anderson has already closed twelve schools during her 18-month tenure, leased district facilities to charters over the objection of the local school advisory board, and negotiated a new teachers contract that provides for “turnarounds” in up to 10 schools in each of the next three years. According to an NJ Spotlight story, Anderson said the new school performance report, “didn’t change any of her own reform strategies for the district, but rather helped ‘sharpen our goals.’
The new report was developed by the Parthenon consulting group, a Boston-based global management firm that identifies investment opportunities in education. Last summer, Parthenon executive Rob Lytle made a presentation on "private equity investing in for-profit education companies” to an elite group of investors in NYC. He told them the coming implementation of the common core standards and assessments would create a lucrative opportunity: “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…It could get really, really big."
Anderson is scheduled to present the Parthenon report to the Newark Advisory Board tonight.
Superintendent presents new study’s data in bid to make case for major reforms
Education Law Center