June 16, 2004

Private Companies Providing Alternatives

The story, "Multimillionaire Buys Major Charter School Manager" tells how a wealthy couple created a new company, Imagine Schools, Inc. and purchased a chain of existing charter schools to become the second largest for-profit manager of schools involving more than 70 schools and 20,000 students. Their principles mention that schools should be places of integrity, justice and fun. Dennis and Eileen Bakke plan to invest an additional $140 million in their schools.

Edison Schools, the largest for-profit firm, manages schools serving some 132,000 public-school students in 40 states. A good source information on the fast-growing educational entrepreneurship sector is the Education Industry Association.


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Posted by Wayne Jennings at 04:25 PM

February 23, 2004

Education Management Organizations

Leading educational management organizations (EMOs) have formed the National Council of Education Providers to work on behalf of public relations and legislation favoring private management of schools. The council includes: Charter Schools USA, of Fort Lauderdale, Fla.; Chancellor Beacon Academies, of Coconut Grove, Fla.; Edison Schools Inc., of New York City; Mosaica of New York City; National Heritage Academies, of Grand Rapids, Mich.; and White Hat Management, based in Akron, Ohio. Their schools serve 140,000 students according to a story in Education Week.

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Posted by Wayne Jennings at 03:53 PM