Haliburton High Is Coming
The reformyists are so excited that it's "their time," they aren't even pretending that their plans are about anything other than profit:
Traditionally, public education has been a tough market for private firms to break into -- fraught with politics, tangled in bureaucracy and fragmented into tens of thousands of individual schools and school districts from coast to coast.Now investors are signaling optimism that a golden moment has arrived. They're pouring private equity and venture capital into scores of companies that aim to profit by taking over broad swaths of public education.The conference last week at the University Club, billed as a how-to on "private equity investing in for-profit education companies," drew a full house of about 100.