“…Stephanie Simon of Reuters attended a gathering of investors in Manhattan, and the business sector they were looking to invest in is education. The conference was billed as a how-to on “private equity investing in for-profit education companies,” and was attended by about 100 hedge fund managers, venture capitalists, and education vendors.
‘…You start to see entire ecosystems of investment opportunity lining up,” said Lytle, a partner at The Parthenon Group, a Boston consulting firm. “It could get really, really big.’
The entire education sector, including college and mid-career training, represents nearly 9 percent of U.S. gross domestic product, more than the energy or technology sectors.’
Traditionally, public education has been a tough market for private firms to break into — fraught with politics, tangled in bureaucracy and fragmented into tens of thousands of individual schools and school districts from coast to coast….’“
Contracting an already failing and downright rotten public school system to like-minded entities that are in it solely for the profit sounds so unappealing.
It is no secret that the public school education is a nightmare, thus if the government remains in control (and they will), it can only get worse.
Another boot on the throat of Americans by the Marxist elite’ hell bent upon churning out a nation of future sheep and worker bees for the sake of globalization.
This could prove to be the ultimate power grab, for our purses and our children.