3. (Cont.) Are foundations "privatizing" education?
The debate comes back to the role of foundations in education reform, or what Diane Ravitch refers to as the "privatization" of education in which large foundations have resources to advocate for new education policies.
"I have a chapter in my book about -- I call them the billionaire boys club. The billionaires boys club is led by the three biggest foundations in America, the Gates Foundation, the Walton Foundation, the Broad Foundation," said Ravitch.
"Sometimes, they make the wrong bet. And the Gates Foundation is a very good example of this. They put $2 billion into breaking up large high schools into small high schools. And after doing that for almost a decade, they said, whoops, that didn't work. We're not going to do that anymore. Now we're going to put the focus on teacher evaluation," said Ravitch.