It’s quite different. 1) Risk: the school takes risk and would go out of business if it didn’t add value to students in the form of higher salaries. 2) Volition: school and student choose each other. Third parties are not billed or compelled in this economic transaction. https://twitter.com/neill4illinois/status/1082623401204768768 …
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Replying to @balajis
Alternative schools do go out of business (or change form, such as AltSchool itself). Wonder is this risk better than risk of public school quality? I also think: reasons public schools close. enrollment drop when families choose alt? alt.schools rspnsbl for pblc repurcussions?
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Replying to @farrarscott @balajis
One noticing: this risk is substantially mitigated when learning “products” are finer-grained. LS is 8 months long, so odds and costs of interruption for a given student are lower. “Liquidity” is costly in K-12.
1:08 PM - 8 Jan 2019
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