Confidential Report: EduProfiteers See a Big Market in Education

Diane Ravitch's blog

This arrived in my email box today. The author, who owns a literacy company, asked to remain anonymous. He is describing an entrepreneurs’ conclave at Arizona State University, cosponsored by GSV Capital, whose leader, Michael Moe, has been bullish about the education sector as a profit opportunity for many years.

My correspondent writes:

Dear Dr. Ravitch,


I’m a longtime fan of your work and your blog (which I have recommended to many colleagues and in my company’s blog).
My name is ……

I’m writing to you today to tell you about a conference I just returned from called the ASU GSV Summit. It should really be called the Taxpayer Funded Education Business Con-ference (with an emphasis on “con”), because it was filled with entrepreneurs and venture capitalists claiming to want to do “social capitalism” but who actually were participating in an event filled with corporate dominated “school reform” propaganda…

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About @NatM4Equity

The National Mobilization for Equity is a coalition of organizations committed to alleviating the present staffing crisis in higher education: three-quarters of the teaching jobs in American colleges are held by underpaid, precarious and poorly-supported contingent faculty. Our long-term goal is to end contingency as the norm. The current untenable situation not only adversely affects all faculty members, both contingent and tenure-track, it also negatively impacts our profession, our students and the quality of their education.

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