“Social Impact Bonds” Included in ESSA

03 Dec

Diane Ravitch's blog

“Social Impact Bonds,” which are a bonanza for financial investors like Goldman Sachs, is included in the new ESSA that passed the House yesterday. All efforts to strip it out must concentrate on your senators.

The matter appears in Title I, Part D, Section 4108, page 485.

Title IV, A.

And in a section called “Safe and Healthy Students.”

Social Impact Bonds are defined on page 797 as “Pay for Success.” Investors are paid off when a student is not referred to special education.

This business of profiteering in public education can only be stopped by electing people to office who will fight it.

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Posted by on December 3, 2015 in Uncategorized


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