As the economy hobbles along 6 years after the global economic crisis, there are many areas of society that are still experiencing the sting of dwindling budgets. Education is one of them, as the amount of government aid for public schools in America continues to be outpaced by other facets that are deemed more important. Due to this, public schools are facing a crisis. With the lack of funds, they generally have very few options. An attractive option for many seems to be a corporate savior, who can provide the equity to sustain the schools.
In a situation fairly similar to the trend of privatization of prisons in the United States, the education system may be headed down this path. Corporate partners in the public education system means that much of the governmental oversight and regulation can be removed, and a fair amount of capital can be infused into needy districts. Proponents of this system claim that with the privatization, the way in which public schools operate can be streamlined and simplified, and therefore can become self-sufficient. The profits that the corporate owners of the schools is said to be diverted right back into the system in the hopes of improving teaching quality and effectiveness. This sounds like a no-brainer, however as with most things, these are not likely the sequence of events that would take place.
While it can be said that the current ways in which public education is operated in the United States need a major overhaul, it is also important to note that there is no real ulterior motive by those who oversee it. Being that public schools get their funds from taxpayer money, there is no one looking for a profit at the other end. Also, the government is able to enforce a fair amount of standards and regulations, which can help to ensure the quality of education is not compromised in hopes of financial gain. Again, while the government may not have the best ways of regulating and gauging the quality of education, at least it is being done. If public schools end up being privatized, the schools will become more and more resistant to calls for a way in which regulations can be imposed. This could lead to a compromised standard of education across the country, and fabricated results.
Another major component of the privatization proposal is that some taxpayer money will be infused into the hands of the corporations, who can then use this money to run the schools under their supervision. This can lead to an increase in fraudulent activities, and might also lead to an outcry of opponents who designate this a misuse of public funds.