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Good Read: Private Firms Eyeing Profits From U.S. Public Schools

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This story raises questions about where the money is flowing in education technology -- and what's motivating private companies.

"Critics see the newest rush to private vendors as more worrisome because school districts are outsourcing not just supplies but the very core of education: the daily interaction between student and teacher, the presentation of new material, the quick checks to see which kids have risen to the challenge and which are hopelessly confused."

By Stephanie Simon NEW YORK, Aug 1 (Reuters) - The investors gathered in a tony private club in Manhattan were eager to hear about the next big thing, and education consultant Rob Lytle was happy to oblige. Think about the upcoming rollout of new national academic standards for public schools, he urged the crowd.

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