If it doesn’t work, don’t do it! CAP’s ROI
The Center for American Progress released its new Return on Investment (ROI) Index for K-12 public school districts of greater than 250 students this week. I should note in advance that I had the opportunity to provide advice on this project early on, and occasionally thereafter and I do believe that at least some involved had and still have the best intentions in coming up with a useful way to represent the information at hand. I’ll get back to the validity of the information at hand in a moment.
First, I need to point out that the policy implications and proposals, or even general findings presented in the report cannot be supported by the analysis (however well or poorly done). The suggestion that billions of dollars might be saved nationally (little more than a back-of-the-napkin extrapolation) at no loss to performance outcomes, based on the models estimated is a huge, unwarranted stretch and quite simply arrogant, ignoran