Speaking Out Against Pay for Success, Predatory Public-Private Partnerships and Dr. Hite’s Ties to Ridge-Lane, LP

Wrench in the Gears

As the parent of a public school student and a citizen of Philadelphia, I arrived at Council Chambers today to convey my concern about Superintendent William Hite’s involvement with former Governor Tom Ridge’s merchant banking advisory firm Ridge-Lane, LP and to get it on the record.  Full list of team members viewable as a PDF here.

I have serious reservations about how the city plans to finance the operation of our district, especially given the substantial needs of our students and the disinvestment our schools have suffered for so many years. This important work must be done with PUBLIC funding. Our schools are not charities and should not be remade as investment opportunities for venture capital.

I was the third speaker to present testimony on the proposed budget as it pertains to public education. Official video available here. City Council members in attendance at the time I spoke…

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