Education is not like toothpaste | Michigan Parents for Schools

26 Nov

In the marketplace, businesses strive to offer products and services that are sufficiently attractive to consumers to gain them business but cheap enough to ensure an economic return to the owners of the business. This, as others have pointed out, is the key problem with for-profit educational entities, since even legally their first responsibility is to their shareholders and not their “customers,” the students. It’s an unavoidable conflict of interest. Private firms do not maximize quality; they balance quality and cost to maximize profit under current market conditions.

via Education is not like toothpaste | Michigan Parents for Schools.

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