Posted on 09/25/2015 9:16:48 AM PDT by SeekAndFind
In 2010, Mark Zuckerberg donated $100 million to Newark, New Jersey's failing public-school system with the intention of turning around the schools in five years.
The goals Zuckerberg set out to achieve to enact a number of reforms that would make Newark a model city for education reform are widely seen as a failure, journalist Dale Russakoff told Business Insider.
So where exactly did that $100 million go if the turnaround was a failure?
Russakoff mapped the money trail in her new book, "The Prize: Who's in Charge of America's Schools," which tracked the five years since Zuckerberg's donation.
The $100 million from Zuckerberg actually became $200 million under the agreement other sources would match his contribution. Here's where that money went:
* Labor and contract costs: $89.2 million
* Charter schools: $57.6 million
* Consultants: $21 million
* Various local initiatives: $24.6 million
The total committed funds comes to less than $200 million as of January 2015 as some funding decisions are still pending.
One of the biggest failures in Zuckerberg's plan to reform Newark schools was the renegotiated teachers' contracts.
(Excerpt) Read more at businessinsider.com ...
Mark - It’s a Black thing, you wouldn’t understand ...
So pretty much the same result as porkulus, on a micro level.
Always.
A Zucker and his money are soon parted...
That seems to be a political Law of Nature- the more money for the public schools the worse and more corrupt they become.
This ought to get a lot of coverage as evidence that the problem with government schools is NOT inadequate funding. However, it will not.
FYI...In his tax bracket...as a California resident..taxpayers picked up half the cost..
That seems to be a political Law of Nature- the more money for the public schools the worse and more corrupt they become.
The more money you give to churches the softer pews they buy.
Fascinating. The jerk thinks its underfunding.
I can safely tell you about kids who went to completely underfunded rural schools, had parental help and pushing, ended up with major scholarships to top tier schools in Physics, and are currently finishing up their PhDs at the most prestigious universities on the planet. In of course Physics.
It ain’t about the funding. It’s about commitment and - *cough*..genetics.
If he really wants to pony up he needs to fire every white software engineer he has and hire only from the inner cities.
Public schools are unreformable so long as unions remain in any way involved.
Schaudenfreude. Feeling it.
Joke’s on you as I’m virtually certain he HAS no white software engineers.
Wait for it, Wait for it......................
We reached out to Facebook to give Zuckerberg an opportunity to comment on the “Fresh Air” story, and we will update the post if we hear back.
1. Do not give any money to anyone who helped cause the problem.
2. Hire a retired Marine Corps colonel to run the district for three years, at $100,000 per year. Give him full powers for those three years.
Run a school with firm and fair rules, no exceptions or excuses, and students will learn.
Can't be done. The legislature makes the rules, and the unions own the legislature.
He could have funded a competing, private system, though.
I think that Mr. FB knew exactly what he was doing and where that money was going- he was buying and/or paying his left wing support.
Tru dat. Fire his H1B’s.
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