Chris Whittle's latest private school scheme, and why Joel Klein deserves a cut of the action
There's a long article in today's NY Times about Chris Whittle’s latest scam; starting a for-profit private school called Avenues in Chelsea that whose tuition will be almost $40,000 per year: The Best School $75 Million Can Buy .
NYC parents are so desperate to get their kids into a good school that they are willing to pre-pay before the school is even open, to ensure their children have preference on an “early admission” list.
FYI, both Joel Klein and Wendy Kopp of TFA attended one of the glossy promotional events for this school. Perhaps this is what Klein meant when he told Manhattan parents that they have “choices.” No
