When it comes to K through 12 education, we see a $500 billion sector in the U.S.” - Rupert Murdoch - Wait, What?

When it comes to K through 12 education, we see a $500 billion sector in the U.S.” - Rupert Murdoch - Wait, What?:

When it comes to K through 12 education, we see a $500 billion sector in the U.S.” – Rupert Murdoch

by jonpelto

In a post yesterday, Tom Aswell, whose blog is called Louisiana Voice, reminded his readers about what is truly driving the corporate education reform industry – tapping into what they perceive to be a $500 billion market.

What Tom may not have realized is Connecticut’s ongoing connection to that statement.

Murdoch’s quote comes from November 2010 when, after hiring education reformer and former New York City Chancellor of Education Joel Klein, Murdoch’s News Corporation bought Wireless Generation, a privately-held education technology company for about $360 million in cash.

In the corporate press release, News Corporation Chairman and CEO, Rupert Murdoch