For-Profit Companies And Public Education

05-19-2010

Expert blog by National Journal

According to a report by the Center for Public Education, for-profit education management organizations run about 16 percent of charter schools and are behind the growth in "virtual" charter schools, which operate online. For-profit EMOs have increased the number of virtual charter schools they run from 13 in the 2003-2004 school year to 50 in 2008-2009. With states strapped for cash, for-profit EMOs could be a part of the financial solution, given that they draw in private investment and have a track record of leveraging technology in ways that reduce the cost of education. Should more public school districts look to partner with for-profit EMOs? Does making a profit present a conflict of interest in serving the educational needs of children? (more...)

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