Monday, October 18, 2010

Queens Teacher: Education: Follow the Money

Queens Teacher: Education: Follow the Money

Education: Follow the Money

Education: follow the money by Laura Clawson

The question of money is seeded through the debate over education, in several ways. This week I want to focus first on the way money most immediately factors in the current political debate; namely, where is the money behind the push for charter schools coming from?

Answer: To a significant extent, the money for charter schools is coming from Wall Street, and in particular from hedge fund managers.

Consider:

Mr. Petry, 38, and Mr. Greenblatt, 52, may spend their days poring over spreadsheets and overseeing trades,