Hedg- fund vultures circling public ed
"This is a new frontier. The private equity guys and the hedge fund guys are circling public education." -- Diane Ravitch
Stephanie Simon at Reuters reveals profiteers waiting in the wings to cash in on Common Core Standards. About 100 of gathered in a meeting last week at the University Club in Manhattan, billed as a how-to on "private equity investing in for-profit education companies."
If they're as rigorous as advertised, a huge number of schools will suddenly look really bad, their
