If tests for success don't pan out for the kids then shut them down if they are getting poor results. Interesting enough, it seems if the 'for profit' school is not preforming, the free market will shut them down. It's the nature of the beast - unlike public tax supported schools where no matter how bad they are they still exist.
Private Enterprise and Public Education: Strange Bedfellows or Natural Allies?
Source: Frederick M. Hess, Michael B. Horn and KC Deane "Private Enterprise and Public Education: Strange Bedfellows or Natural Allies?" American Enterprise Institute, August 14, 2013.
August 19, 2013
Many parents, educators and observers argue that for-profit businesses should stay out of education, often stemming from fear that their focus on maximizing profits will bring impure motives to the crucial processes of teaching and learning. These concerns are sometimes founded but often spring from misunderstandings of the factors at play. Although some providers are more concerned with profit margins than student success, others have proven that their resources and experience allow them to offer innovative, nimble, cost-effective solutions to pressing current problems in education, say Frederick M. Hess, Michael B. Horn and KC Deane of the American Enterprise Institute.
Hostility to for-profit ventures has also been evident in federal and state legislation.
- For-profits attempting to enter the education market are largely met with hostility, but the role they can play in K-12 and higher education deserves further consideration.
- For-profits are sometimes less transparent than nonprofits and overly concerned with pleasing customers, but they are more able to innovate, maximize efficiency, and attract key talent and resources.
- When considering the role of for-profits in education, we should stop fixating on tax status, recognize for-profits' unique strengths, and conduct more focused research on their effectiveness.
Hostility to for-profit ventures has also been evident in federal and state legislation.
- One prominent example was the prohibition on for-profit entrants in the U.S. Department of Education's Investing in Innovation Fund.
- Similarly, when New York legislators lifted the state's charter school cap in 2010, they placated unions by banning for-profit charters.
- Most recently, the reform-minded group Parent Revolution has pushed for legislation prohibiting for-profit charter school operators from getting involved in taking over schools where parents have invoked the "parent trigger" turnaround option.
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