For-Profit Education
Federal
For-Profits Get Subcontractor Role in Federal Grants
Nonprofit grantees are hiring firms to develop online educational materials for public schools.
Law & Courts
U.S. Circuit Court Bars Ariz. For-Profit Charters From Federal Payments
In what may be the end of a long legal road, the U.S. Court of Appeals for the 9th Circuit has ruled that for-profit charter schools in Arizona cannot receive federal funds.
Federal
House Acts to Preserve Aid for Ariz. Charters Held by For-Profit Firms
The Republican-controlled House voted June 24 to reverse the U.S. Department of Education’s recent decision that more than 50 for-profit charter schools in Arizona should not get federal money for special education or the Title I program for disadvantaged students.
Classroom Technology
New Player in Online School Market Pursues Profits
The Colorado Connections Academy, a K-8 online school, faces the picturesque Inner Harbor in Baltimore. But its 379 students can’t see the bay from their desks. They’re some 2,000 miles away in Denver, in Littleton, and down near the New Mexico border in Pueblo.
School Choice & Charters
Explainer
Privatization of Public Education
The privatization of public education is a controversial idea to turn the work of public schools over to private companies.
School Choice & Charters
U.S. Audit Raps Arizona's Use of Charter Aid
The Arizona education department improperly gave more than $1.1 million in federal money to charter schools run by for-profit companies, according to an audit by the U.S. Department of Education's office of inspector general.
School Choice & Charters
Students in For-Profit Charter Schools Said to Make Gains
Charter schools managed by for-profit companies are raising student achievement faster than other charter schools, a report released last week concludes.
Teacher Preparation
Teacher-Quality Rules Challenge Ed. Schools
Education schools have been caught flat-footed by new federal requirements for teacher quality, while a handful of entrepreneurs are sprinting to provide programs to bring educators up to speed.
School Choice & Charters
Still in the Red, Edison Now Hit With Case of 'Enron-itis'
Last week, Edison Schools Inc. learned just how sensitive Wall Street is to the issue: The school management company's stock plunged 11 percent after a report raised questions about how it adds up its revenues. Includes a chart, "Quarterly Blues"
Last week, Edison Schools Inc. learned just how sensitive Wall Street is to the issue: The school management company's stock plunged 11 percent after a report raised questions about how it adds up its revenues. Includes a chart, "Quarterly Blues"
Budget & Finance
Harvard To Study Rise Of For-Profit Education
In another sign that business participation in education is growing, Harvard University has launched a program to monitor corporate involvement in schools and the for-profit education industry.
School Choice & Charters
Opinion
China Inc.
Is there an entrepreneurial future for schooling in the People's Republic? Denis P. Doyle investigates.
Education
Report Card on For-Profit Industry Still Incomplete
As the education industry grows, will the bottom line be about learning or earnings? Raising student achievement or making a profit? Can it be about both? Includes: "Companies Taking on Role of Guidance Counselors" and "Companies at a Glance."
Education
The For-Profit Education Industry
| The for-profit education industry is worth approximately $70 billion, or about one-tenth of the total $740 billion spent on education in the United States last year, according to Merrill Lynch's "The Book of Knowledge," published in April 1999. | ||
| Technology ($4.8) | ||
| Supplemental materials ($3.6) | ||
| Textbooks ($3) | ||
| Books ($3) | Private education ($2.6) | |
| Supplemental materials ($2.5) | Special education ($2) | |
| Tutorial/test prep ($2.5) | At-risk/alternative education ($1) | |
| Software ($1.50) | ||
College & Workforce Readiness
College Board Plans First Foray Into For-Profit World
The College Board, the nonprofit organization that sponsors the SAT and Advanced Placement tests, has announced plans to launch its first for-profit subsidiary.