White House Director of Social Innovation, David Wilkinson and Department of Education Secretary of Policy and Early Learning, Libby Doggett.
When the Elementary and Secondary Education Act was recently reauthorized as the Every Student Succeeds Act (ESSA), it contained federal approval of Pay for Success.
We have written about Pay for Success here frequently, although it has gone unspoken by both AFT and NEA leadership, even as they swooned in fandom over ESSA.
Pay for Success is a social impact bond (SIB) that pays Wall Street investors like Goldman Sachs a bounty for every child that does not receive special education support.
Pay for Success is nothing less than a push-out program that then pays the bond investor a bonus for every child that is pushed out of special ed services.
And in an op-ed piece in The Salt Lake Tribune, Department of Education and White House officials praise Pay for Success as the second coming.
Libby Doggett is deputy assistant secretary of Policy and Early Learning in the U.S. Department of Education. David Wilkinson is director of the White House Office of Social Innovation.
Why Utah? Because it is in Utah that Pay for Success has denied special education services to 99 out of 100 identified pre-schoolers. But it is also being used in Chicago Public Schools pre-K programs.
Write Dogget and Wilkinson:
Because of Utah’s project, thousands of children have been and will be enrolled in public and nonprofit preschool programs. The agreement is that the state will repay the investors for success in preventing these children from needing special education services after preschool, which would both improve lives and save the state money. In the first group of students (which didn’t include children already in special education), only one at-risk child now qualifies for special education after preschool.
Says Illinois’ leading special education advocate, Bev Johns:
“In my opinion this is a new low for USDOE. Uncritically mentioning that only one student in the PFS group was identified for special education, justifying these absurd results by stating it will be a bumpy road, completely failing to stress that only very high quality pre-school produces results – failing to point to the very substantial questions about the quality of PFS in Utah, not stating that Goldman Sachs has ALREADY BEEN PAID over $260,000 as its first payment, and by saying USDOE is excited by Pay for Success in ESSA is irresponsible.”