Sunday, April 3, 2016
At first glance, "Democrats for Education Reform" (DFER) may sound like a generic advocacy group, but a closer review of its financial filings and activities shows how it uses local branding to help throw the voice of huge Wall Street players and other corporate interests from out-of-state.
What Is DFER, Really? Hedge Funders for "Education Reform"
DFER is a PAC, a Political Action Committee, which means it can (and does) play a direct role in state and local elections. Public school advocates like Diane Ravitch have been spotlighting concerns about DFER since its beginning.
Because DFER is not a charity, money given to it does not result in a tax write-off but -- if successful in changing laws -- that money could get the hedge funders who back it a return on investment through politicians and policies that redirect tax dollars from truly public schools to "education reforms."
Posted by Dictynna at 8:39 AM