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xchrom

(108,903 posts)
Thu Dec 5, 2013, 06:17 AM Dec 2013

How Wall Street Power Brokers Are Designing the Future of Public Education as a Money-Making Machine

http://www.alternet.org/education/how-wall-street-power-brokers-are-designing-future-public-education-money-making-machine



Given that Arthur Rock has a net worth of $1 billion, lives in California and spends his time heaping money on tech startups (with the mantra, “Get in, get out,” as his guide), a local school board race in Atlanta, Ga. seems an unlikely candidate for his attention.

Yet there is his name, on the campaign finance disclosure reports of four candidates—two of whom were elected in November, and two who won a runoff on December 3—for the board of Atlanta Public Schools. On each report, two columns over from his name, the sum of $2,500 is listed, the maximum allowable amount.

The APS race was a pivotal one for Atlanta, a city still dealing with the fallout of a cheating scandal that thrust its public school system into the national limelight. Only two incumbents were re-elected to the nine-seat board.

The biggest question facing the board of newcomers is to what degree they will embrace charter schools. Last year, Georgia voters passed a constitutional amendment that enabled the creation of a state-appointed commission authorized to bypass local and state school boards in approving new charter schools. Critics say the measure passed because the text on the ballot, written by governor Nathan Deal, referenced “parental involvement” and “student achievement,” but not the specific authorities of the commission. In this climate, APS, which already has the most charter schools of any Georgia school district, will only avoid becoming the next laboratory for corporate education reform with significant pushback from the new school board.
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How Wall Street Power Brokers Are Designing the Future of Public Education as a Money-Making Machine (Original Post) xchrom Dec 2013 OP
K&R.... daleanime Dec 2013 #1
k&r for exposure. n/t Laelth Dec 2013 #2
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