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Education

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HiPointDem

(20,729 posts)
Tue Oct 2, 2012, 10:56 PM Oct 2012

Stuff (wealthy) white people like: Education reform. [View all]

One lesson made abundantly clear by the recent Chicago teachers’ strike was that our nation suffers from a dearth of African-American hedge fund managers and venture capitalists. What can we do about this shameful scourge? I have no idea, but what I do know is that the strike revealed a fascinating split along race and class lines over what white hedge fund managers like to call (priming the edu-pump for future profits) education reform.

The key take away: rich white people who send their kids to private schools were the only group to oppose the teachers’ strike. In other words, the very group whose children will likely grow up to become the next generation of achievement gap warriors.

52 percent majority of whites disapprove of the strike. Whites were the only ethnic group that expressed a majority disapproval of the strike. African Americans approved 63-32 and Latino support was even higher at 65-32. A majority of parents with kids in private schools opposed the strike, 52 percent to 43 percent, while parents with public school kids approved of the strike 66-31.

Now the news that African American parents overwhelmingly supported the strike came as something of an unwelcome surprise to the hedge fund billionaire education reform crowd, which flooded the airwaves with anti-strike ads....The award for best strike analysis, though, goes to venture capitalist Bruce Rauner, who summed up the lack of support for corporate education reform among minority parents this way: parents are dumb. Before you watch Rauner melt down on camera (at link) you’ll want to acquaint yourself with his illustrious bio. The senior principal of GTCR Golder Rauner LLC, a Chicago-based private equity firm, Rauner is not only responsible for making Rahm Emanuel a millionaire, he also recruited Stand for Children’s Jonah Edelman to come to Illinois.



http://nepc.colorado.edu/blog/stuff-white-people-education-reform



bruce rauner

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