Tag Archives: corporate money in education

Marco Rubio Breaks with Jeb Bush, Says Arne Duncan Does Not Have the Authority to Grant NCLB Waivers

In a stunning development, Republican Senator Marco Rubio broke from the influence of Jeb Bush’s desires on education and informed Arne Duncan he did not have the power to grant waivers to states from NCLB guidelines. Here’s some of the letter … Continue reading

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Education’s Ruling “Plutocracy” of Billionaires

Quickly emerging as one of the nation’s most important education writers, Walt Gardner cautions that America should be concerned that billionaires are investing so much in education policy. Referencing the recent donation of NYC mayor Mike Bloomberg and others to save the … Continue reading

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Wall Street Journal Reports on Hedge Fund Managers Back Channel Effort to Takeover Connecticut School District

While the WSJ doesn’t include in its story that it was  a Walton Family funded group whom facilitated the relationship, it reports on the curious contact between a billionaire hedge funder and the Connecticut State Board of Education to prompt the … Continue reading

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Senators Grassley, Coburn and Lieberman Question Contacts Between US Department of Ed and Hedge Funds

From yesterday’s New York Times: Over the last several months, Mr. Grassley has been focused on the nexus of Washington and Wall Street. His office is looking into the Securities and Exchange Commission’s handling of a series of stock trades … Continue reading

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Meanwhile, Education Corporate Giant Pearson Records 31% Increase in Profits This Year

While the nation’s schools continue to be bled dry, one corporate education giant is making significant profits. From Reuters: LONDON, July 29 (Reuters) – Pearson raised its 2011 profit outlook on Friday after higher sales of digital products and in … Continue reading

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FCAT, Teach for America, Spreadsheet Documentation and Cold, Hard Cash

In a letter to the editor of the Florida Times-Union, Wanda Hedrick,  Katrina Hall and Lunneta Williams – all of whom hold doctoral degrees in education – make the case that Florida’s students are tested too much. While assessment has … Continue reading

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Why Conservatives and Tea Party Followers Ought to be Appalled by No Child Left Behind and Race to the Top

George W. Bush’s education initiative No Child Left Behind is the basis for the Obama education initiative, Race to the Top (RTT). Most conservatives and tea party followers probably don’t know that RTT was funded by the Obama stimulus. And while most … Continue reading

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Why Steve Wise’s Attempt to Eliminate School Board Pay is a Betrayal of Our System of Checks and Balances

I do not agree with Florida Times-Union columnist Ron Littlepage on the wisdom of school board pay elimination, but he makes good points on things that need to be considered before its passage.  Let begin dispatching with where we disagree: State Sen. … Continue reading

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