What happens when a billionaire gives $100 Million to a corrupt, self-serving bureaucracy? Answer: Bureaucrats and their buddies in the consulting business got to buy vacation homes.
Facebook founder Mark Zuckerberg made a splash by announcing his plan to give $100million to help turn around Newark, New Jersey’s public schools in an appearance on Oprah in 2010.
But nearly four years later, Zuckerberg’s money has run out, having been spent mostly on labor contracts and consulting fees with no noticeable improvement in student performance, a report in the New Yorker reveals.
Zuckerberg’s money has mostly gone into the early stages of overhaul, paying consultants upwards of $1,000 a day to find solutions to Newark public schools’ problems.
According to the report, between 2010 and 2012 ‘more than twenty million dollars of Zuckerberg’s gift and matching donations went to consulting firms and various specialities: public relations, human resources, communications, data analysis, [and] teacher evaluations.’
The bureaucrats and consultants got richer; and the kids got nada.
My utter lack of faith in Government, vindicated once again.