Can Teachers Own Their Own Schools?: New Strategies for Educational Excellence Richard K. Vedder

Can Teachers Own Their Own Schools?: New Strategies for Educational Excellence

Richard K. Vedder and Chester E. Finn Jr.

Last annotated on Tuesday November 28, 2017

51 Highlight(s) | 30 Note(s)

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1 Introduction
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an idea with strong historical roots
Note:TOPS TEACHER OWNED FOR PROFIT SCHOOL

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evidence that it was improving literacy.

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despite a huge increase in resources devoted to public schooling.
Note:OGGI

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declined significantly.
Note:EFFICIENZA

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strengthened teacher certification, merit pay, decentralized management, reduced class size, public-school choice and curricular innovation (e.g., whole language approach, block scheduling, Core Knowledge)
Note:PRECEDENTI RIFORME NULL HYP

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more market-based approaches
Note:DI COSA C È BSOGNO...SEGUE LISTA DEO TENTATIVI

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outsourcing

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vouchers

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charter

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home.

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for-profit education

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productivity improves.

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vouchers, independent charter schools, home schooling) have been fought bitterly by groups with a special interest
Note:IL MOTIVO DELLA NUOVA PROPOSYA

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teacher unions,

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department bureaucracies,

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PTAs,

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school boards

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potential of financial rewards for teachers
Note:LA NOVITA DI TOPS

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In return for a transfer of wealth to these employees, they would be invited, tempted, or, under some scenarios, obliged to go along with a shift to competitive for-profit delivery systems.
Note:LO SCAMBIO

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Employee Stock Ownership Plans (ESOPs)
Note:GIÀ DIFFUSE...EPOS

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for primary and secondary

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5 For-Profit Education in America Today
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Skeptics of for-profit education might argue that this is an untried approach that, however appealing in theory, has no basis in experience.
Note:L OBIEZIONE

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the fastest growing form of education
Note:IL PROFIT OGGI

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twenty-two companies operated

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Their market capitalization was an impressive $7.4 billion
Note:CAPITALIZZAZ

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had an earnings increase
Note:RICAVI CHE CRESCONO PIÙ DELLA MEDIA

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One respected market analyst, Michael T. Moe of Merrill Lynch, predicts that education management companies will handle 10 percent of K–12 public school spending within ten to fifteen years.
Note:PREVISIONE

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Private School Performance

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In general, private schools have higher levels of student performance and lower expenditure levels than public schools.
Note:IN GENERALE

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data from Ohio

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1999,

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41 percent of the public school children failed
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21 percent, for private

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32 percent of public school children failed,
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14 percent of private

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they put a greater emphasis on academics and achieve
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achieve more with far lower costs
Note:COSTI BASSI

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costs half as much per pupil

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The most extensive experiment with using public funds to finance private school education has occurred in Milwaukee,
Note:ESPERIMENTI

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The random choice of recipients is a boon to researchers
Note:RICERCA

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randomly chosen students do better in private than in public schools.
Note:RISULTATO

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Harvard’s Paul Peterson

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Cecilia E. Rouse

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The evidence is not unanimous.
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6 Illustrating The “ESOP” Approach to Public Education
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how to get from a government run schooling system to an entrepreneurial, for-profit system.
Note:IL PASSAGGIO

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privatize the school by giving its ownership to its teachers, principals and staff. Other stakeholders—notably parents—might also receive ownership
Note:L IDEA BASE

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schools could be sold to existing for-profit corporations with a proviso that teachers,
Note:ALTEENATIVA

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The district announces that it will give 100 shares of the relevant common stock to each teacher for each year
IL COMPENSO INIZIALE