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ZUCKERBERG'S $100M donation to NEWARK schools ends in FAILURE

 
Anonymous Coward
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09/26/2015 07:53 AM
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ZUCKERBERG'S $100M donation to NEWARK schools ends in FAILURE
In 2010, Mark Zuckerberg donated $100 million to Newark, New Jersey's failing public-school system with the intention of turning around the schools in five years. The goals Zuckerberg set out to achieve — to enact a number of reforms that would make Newark a model city for education reform — are widely seen as a failure, journalist Dale Russakoff told Business Insider.

So where exactly did that $100 million go if the turnaround was a failure? The $100 million from Zuckerberg actually became $200 million under the agreement other sources would match his contribution. Here's where that money went:

Labor and contract costs: $89.2 million
Charter schools: $57.6 million
Consultants: $21 million
Various local initiatives: $24.6 million

One of the biggest failures in Zuckerberg's plan to reform Newark schools was the renegotiated teachers' contracts.

The expansion of charters in Newark sent the city into upheaval due to the implementation of the plan.

Finally, $20 million of Zuckerberg's donation went to consultants who took care of management of the projects. Consultants were making $1,000 a day while the local teachers and administrators did not see any of the additional funds in merit pay that they were promised.
[link to finance.yahoo.com]


The problem with all such programs is that they are run by group-think libtards who always expect that their flawed ideology will work if properly funded. However, such projects cannot and will not ever work because liberalism builds nothing, it only destroys.
Anonymous Coward
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09/26/2015 08:28 AM
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Re: ZUCKERBERG'S $100M donation to NEWARK schools ends in FAILURE
So a group of people were given a fuckload of money and they squandered it on bullshit?

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All you have to do is reward high performers and punish and fire low performers to get any job done right. Unfortunately that mentality doesn't sit well with socialist lazy asshole idiots, who are often found in charge due to their honed bullshitting skills.
Useless Cookie Eater

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09/26/2015 08:32 AM
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Re: ZUCKERBERG'S $100M donation to NEWARK schools ends in FAILURE
corrup1
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09/26/2015 08:38 AM
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Re: ZUCKERBERG'S $100M donation to NEWARK schools ends in FAILURE
NO..he got a tax write off for laundering money to CIA assets......noob or shill..you pick
Anonymous Coward
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09/26/2015 08:42 AM
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Re: ZUCKERBERG'S $100M donation to NEWARK schools ends in FAILURE
If only it was all of his fortune!!!
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09/26/2015 08:46 AM
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Re: ZUCKERBERG'S $100M donation to NEWARK schools ends in FAILURE
Should have built like a huge library and education center open the public offering education courses for all ages.....

5a
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09/26/2015 09:14 AM
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Re: ZUCKERBERG'S $100M donation to NEWARK schools ends in FAILURE
Niqqers
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09/26/2015 09:17 AM
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Re: ZUCKERBERG'S $100M donation to NEWARK schools ends in FAILURE
clappa

Proves to me more and more that the lower IQ "citizens" of this country belong a one-way ticket back to their original countries of origin where they can practice becoming civilized before coming to first world nations.





GLP