Chris Whittle Tries a Splashy Comeback
Chris Whittle is the Uber entrepreneur of for-profit education. Back in the 1990s, he launched the Edison Project, assuming that George H.W. Bush would be re-elected and would get a voucher plan through Congress. That didn’t happen, so Edison sought contracts to run low-performing schools. Lots of push back from districts and parents. The share price plummeted. To learn th3 story of Edison, read Samuel Abrams’ excellent book, Education and the Commercial Mindset.
After the failure of the Edison Project, Whittle raised many millions to start a for-profit private school called avenues that was to have locations around the world. He hired educators with long experience in elite private schools and had splashy openings in Manhattan and in China. tuition was over $50,000 a year. In 2015, he and the board had differences, and he moved on.
Now Whittle is opening a new international for-profit chain, and openings are planned in multiple locations, including the District of Columbia, Brooklyn, and international locations. As the roll out of the new chain proceeds, with glitz and glamour, the board of Avenues is suing Whittle for $5.8 million that he allegedly owes them.
Leslie Brody of the Wall Street Journal wrote:
As he wooed hundreds of guests with cocktails, mini lobster rolls and goat cheese bonbons at a reception in Brooklyn, entrepreneur Chris Whittle made an audacious claim: There are no world-class K-12 schools, anywhere.
And he intends to change that.
“Our mission is to actually create the first modern school,” Mr. Whittle told a crowd last week at the launch of a CONTINUE READING: Chris Whittle Tries a Splashy Comeback | Diane Ravitch's blog
