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
                
                    
                            
                                Note:ITALIANO
                            
                    
                
            
        
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            21 percent, for private
                
        
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            32 percent of public school children failed,
                
                    
                            
                                Note:MATH
                            
                    
                
            
        
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            14 percent of private
                
        
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            they put a greater emphasis on academics and achieve
                
                    
                            
                                Note:SCUOLE CATTOLICHE
                            
                    
                
            
        
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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