Is There A Free Market Answer To Education?

Discussion in 'Education' started by PoliticalChic, Dec 19, 2009.

  1. PoliticalChic
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    PoliticalChic Diamond Member

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    "Taxpayers and parents nationwide lament that the U.S. spends more annually on education than any other developed nation, yet the quality of our primary schools ranked 25th worldwide last year according to the World Economic Forum. It was a long-standing gap between spending and performance that led Congress to pass what is now known as No Child Left Behind (NCLB) in 2001. The education act emphasized higher academic standards and greater teacher accountability for students' progress. The results have been mixed, but a newly public remote-learning company appears to have found a business model to capitalize on trends stemming from NCLB.

    Dallas-based Archipelago Learning (ARCL, $19.00, 0.11) came to market on November 20th to generally positive reviews. The stock priced at $16.50, which was within its anticipated range of $15 to $17. The stock traded as high as $19.50 in its initial session, the stock's high point to date, before closing at $18.77. The shares traded as low as $16.51 last week before rebounding to their current levels.

    Archipelago is a subscription-based online education company. It provides standards-based instruction, practice, assessments, and productivity tools designed to improve the performance of educators and students via proprietary Web-based platforms...."

    BullMarket.com Weekly Digest
     
  2. Diuretic
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    Diuretic Permanently confused

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    Interesting. But what's the cause of this discrepancy? Or should I ask, what are the causes?
     
  3. PoliticalChic
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    PoliticalChic Diamond Member

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    I'm not understanding your question...may be result of my public school education.

    The impetus for my OP was the idea that perhaps there is an on-line school solution, or at least partial solution to the terrible job the public schools are doing.

    I would like to see a pilot program along these lines:

    1. Allow any parent who agrees to try the on-line version of public school. Allow free market competition among companies who would offer the programs.

    2. Allow said parent a tax deduction equivalent to the cost of local schooling.
    Charter schools are now funded at somewhat less than the traditional public schools. Perhaps same could be done here.

    3. Regular testing of on-line school kids, the results of which would determine if the child could continue in this program.
     
  4. chanel
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    chanel Silver Member

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    Our district spends over 30K to send severely disabled and emotionally disturbed students to an alternative school. Their test scores count as ours. We also spent 65K a year to send a blind student to an elite boarding school in New England. Do they do that in Finland? I think not.

    If they want to look at cost effectiveness, they would have to throw out the extreme examples. And in a district like ours.where special education students comprise 25 percent of our population, the figures are skewed. Under IDEA, cost can not be a consideration when determining placement or services. If Johnny needs drug counseling, a lap top, and a one on one aide to get him to class, that's what Johnny gets.At my brother's school a personal aide was hired to prevent a smoker from leaving the building. This person's only duty was to walk him to class. Our tax dollars at work.
     
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    39th
     
  7. Diuretic
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    My question wasn't clear - I blame my stupidity, my public school tried hard but I wasn't up to it. I found one of my school reports in my stuff. "[name] is a competent sportsman...." Damned with faint praise.

    Anyway. What I meant was - do we know the causes of the apparent problem with education pre-university? The online idea is put forward (?) as a possible solution but what are the real causes of the problems? I know it's a complex question - if anyone knew I suppose they'd do something about it.
     
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    I think there are limits to what an online programme can do. But I will say that with the march in technology those limits are being expanded daily so online may well be an option in many ways. My mind isn't closed to it. I actually took a subject "Internet and Education" at uni last year, it was very interesting, that was all done online.
     
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    58 for Australia. No wonder we're such a lot of dumbarses :lol:

    I think the new government may bump it up a bit but then %GDP is only one measure I suppose - effectiveness is important too - as has been pointed out here.
     
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    I suspect it has alot to do with small enough classes to truely engage the childs mind in a love of learning.
     

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