Randal Hendee: The Goal of Reform is Not to Improve Education but to Cut Costs

Diane Ravitch's blog

The question frequently arises: Why do so many billionaires support the privatization of public education? Surely, they don’t care about making a profit as they are already billionaires. Here is one possible answer, as reader Randal Hendee posted this comment on the blog about the motives of the billionaires who support “reform”:

There’s a lot of evidence that reducing the cost of public education is one of the main goals of people like Gates, Broad, and the Waltons. They’re playing a long game that they hope will result in lower taxes for big property owners and for the wealthy in general. At the same time, they see profit in “reform” because even with relatively lower tax revenues, a new cohort of children enrolls every year. Once the opportunists tap into that public revenue stream (through privately operated charters, educational technology, data mining, real estate deals, and so on), the cash cow…

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