Washington D.C. schools are classified as a portfolio district by the Center for Reinventing Public Education (CRPE). CRPE is the Bill Gates funded think tank on the campus of the University of Washington whose primary function is to promote portfolio district governance. Oligarchs and politicians call D.C. an education model. I agree. It is like when my mother held up Glenn Elmore as a model for me saying; “When you graduate from high school you’re not going to sponge off your parents the way that lazy freeloader, Glenn Elmore, sponges off his family.” [name changed]
Portfolio district management means closing some percentage of “failing schools” as determined by standardized testing and replacing them with innovation schools, charter schools, or voucher schools. In the same way a stock portfolio is managed, the continuous closing of “failing schools” and replacing them with “superior schools” is the path to education nirvana.
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