How a billionaire is trying to control Los Angeles public schools
Eli Broad is a housing and insurance tycoon whose California-based Eli and Edythe Broad Foundation has poured hundreds of millions into “transforming” K-12 urban education by training administrators and supporting charter schools, merit pay and other market-based reforms. And now, Broad wants to do even more, trying to lead a campaign to raise nearly half a billion dollars to open enough charter schools to enroll nearly half of the students in the country’s second-largest school district.
Broad, according to various reports, wants to open 260 new charter schools in the Los Angeles Unified School District over the next eight years — effectively doubling today’s number.
Whether the plan will ultimately be approved by the city’s officials is unclear, but the idea is clearly spelled out in a 44-page memo obtained by the Los Angeles Times. It names other foundations and wealthy philanthropists who could be involved, including the Bill & Melinda Gates Foundation as well as the Hewlett and Annenberg foundations. Individuals include Tesla Motors’ Elon Musk and entertainment magnate David Geffen. (Note: The Broad Foundation has partly funded the Los Angeles Times’ new digital initiative to expand education coverage.)
Broad was one of the early members of what education historian and activist Diane Ravitch dubbed “The Billionaire Boys Club,” whose members, including Gates, have spent so much money on corporate school reform that private philanthropy has had a major effect on public policy. Broad has repeatedly championed charter schools — which are publicly funded schools that are privately run. Earlier this year his foundation suspended a program in which it gave annual $1 million awards to high-achieving traditional public urban school districts, but Broad is carrying on with a $250,000 Broad Prize for charter schools, which he says do a better job than traditional public schools in educating high-needs students who live in urban areas.
His memo cites three major charter operators — Green Dot Public Schools, Alliance College-Ready Public Schools and KIPP Public Charter Schools — as having seen “significant” gains by students. But it turns out that those results How a billionaire is trying to control Los Angeles public schools - The Washington Post:
