California's new charter school regulation is already helping its credit rating

California's new charter school regulation is already helping its credit rating

California’s new charter school regulation is already helping its credit rating

Here’s our weekly analysis of privatization in the news and in communities nationwide. Not a subscriber? Sign up.

This week’s highlights

• Moody’s says that California’s new law tightening up regulation of charter schools is credit positive for the state.
• We, In the Public the Interest, are taking a new direction in 2020. Well, sort of.
• A golf course wants to privatize a bird sanctuary in public parkland so that its wealthy members can enjoy themselves.

In the Public Interest will be taking a new direction in 2020, sort of. We’ve written about how corporate forces are taking power over the fundamentals of democracy—our voice, economy, and government. And we’ve created tools like our “10 questions” guide and helped organizations fight reckless privatization schemes. We’re going to continue to do all of that. We’re called “In the Public Interest” for a reason, and our new direction for 2020 is simple. We’re going to show what public control over public goods means and looks like—both a governing vision and practical examples from across the country.

Education

1) National: Mercedes Schneider reports that billionaire pro-charter education reformer Eli Broad has moved his Broad Center from Los Angeles to Yale University. “On December  05, 2019, the Yale School of Management announced that it “received the largest gift in its history from the Broad Foundation,”but it’s not a gift, really. It’s a purchase: the Broad Center at Yale School of Management (SOM). Broad is moving his operation from Los Angeles to Yale.

Same ed-reform story, with a facelift—and a new address that repackages the Broad ed reform push in a gloss of heightened prestige.” 

2) National: Chalkbeat’s Matt Barnum reports that “Mike Feinberg, who was fired from the KIPP charter network he co-founded in the wake of allegations of sexual harassment and abuse, continues to work in the charter school sphere, both nationally and in Houston. Feinberg, who has denied the allegations CONTINUE READING: California's new charter school regulation is already helping its credit rating