AdvertisementNate Smallwood for BITo some, private equity's business model appears antithetical to special education.
(The average public school district in Pennsylvania, where New Story operates the most schools, spends about $23,000 per child across all types of public education.
"Private equity has no place in education — especially special education," Sen. Sherrod Brown of Ohio told BI.
For instance, two Pennsylvania education directors left in spring 2023, according to records obtained by BI — one after just months in the role.
AdvertisementNickie Coomer, a Colorado College education professor who has written about the privatization of special education, told BI that this data gap is a major regulatory hole, one that private-equity companies are happy to exploit.
Persons:
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