NEWS
November 4, 2002
RE CHRIS BRENNAN'S article "Edison Is Angling to Avoid Bankruptcy" (Oct. 22): If Mr. Brennan's article is the first in a series, what is the series about? Is the Philadelphia Daily News actually promoting a series that focuses on hype and half-truths? At what point will Mr. Brennan get the story straight? 1. Finances Why did Mr. Brennan write a story that says Edison is in financial peril then discuss Edison's $30 million in cash on hand? In fact, Edison expects to be profitable this year.
NEWS
November 10, 2002 | David Moore Miller
Earlier this month, I had the good fortune to speak to Paul Vallas one-on-one. I asked him if he knew the school where I teach. He told me it wasn't on his radar screen, but admitted he has concerns about what is happening at Edison Schools. According to colleagues at other schools, this sounds warranted. I recently had a conversation with a teacher from another Edison school who said teachers there are fed up with Edison because of a new, disconnected principal, serious problems with the class roster, the elimination of a disruptive-student accommodation room, and the late arrival of materials (and in some cases, lack thereof)
BUSINESS
December 5, 2001 | By Martha Woodall INQUIRER STAFF WRITER
Analysts who follow Edison Schools Inc. were not fazed when Gov. Schweiker and Mayor Street extended the deadline for a state takeover of city schools to Dec. 21. They still expect Edison to wind up managing 45 schools. But some are concerned about Edison's finances. Those analysts say Edison is burning through cash so rapidly that it could run out of money by this summer - with or without a Philadelphia contract. "They need to go to the capital markets or they have a serious problem as a going concern," said Craig Hart, a money management specialist with Hart Capital Management Inc. in Spokane, Wash.
NEWS
March 13, 2003
IAM OFFENDED by your suggestion that Edison Schools be on the school district's "hit list" (editorial, March 3). My son attends a Philadelphia-Edison partnership school. With the Edison program, the school is better now than it has ever been. My son, along with many other students, is finally receiving the quality education he deserves, and I can see the huge progress he is making. I resent you trashing the hard work and commitment of teachers, staff, parents and students.
NEWS
November 10, 2002 | By Dale Mezzacappa INQUIRER STAFF WRITER
An important anniversary went by with little notice last month: The company now known as Edison Schools Inc. turned 10 years old. The milestone is important in Philadelphia because the company is managing 20 of the city's most troubled public schools. And it's important across the nation because Edison is the pioneer and largest player in for-profit school management, which those in charge of national educational policy regard as a key solution to low student achievement. The federal law known as No Child Left Behind holds public schools up to unprecedented standards and mandates different strategies for those that don't improve.
NEWS
July 1, 2008 | By Kristen A. Graham INQUIRER STAFF WRITER
Days after claiming it was not responsible for the safety of its pupils, Edison Schools Inc. has settled a lawsuit brought by the family of a boy raped in one of its Philadelphia schools. In 2004, a 12-year-old boy was sexually assaulted by an 11-year-old classmate in Stetson Middle School after the two argued over a ball. The 11-year-old pleaded guilty to the assault. The boy's family brought a civil suit claiming Edison was responsible for the assault, a notion the for-profit manager of 16 public schools rejected.
NEWS
August 17, 2001 | By Dale Mezzacappa INQUIRER STAFF WRITER
Officials of Edison Schools Inc., hired by Gov. Ridge to study the Philadelphia school system and recommend ways to improve it, had their first meeting with Mayor Street yesterday. The meeting, which both sides described as productive, came as Edison sought to complete agreements with subcontractors who will help with the extensive analysis, which must be complete by the end of October. "It was a positive first meeting," said city Education Secretary Debra Kahn. "We have to be shown that this will be an honest and accurate, fair appraisal that addresses the educational and financial constraints that we have and also addresses and acknowledges the progress we've made.
NEWS
September 14, 1999 | By Michelle M. Martinez, INQUIRER SUBURBAN STAFF
School officials will hold a hearing tonight on a proposed charter school that would provide students with home technology, longer school days, and a foreign language starting in kindergarten. At 7, representatives from Edison Schools Inc. of New York City will be at the Phoenixville Area Middle School auditorium to answer questions about the proposed Renaissance Academy-Edison Charter School, which is scheduled for a September 2000 opening if approved by the board. The school is the second charter proposal to come before the board this year.
NEWS
July 15, 2003 | By Martha Woodall INQUIRER STAFF WRITER
Edison Schools Inc. announced yesterday that it had approved a buyout plan offered by Edison founder Chris Whittle to take the nation's largest school-management company private in the fall. Edison and area education officials said the change would not affect operations in the schools Edison operates in the Philadelphia area. Still, the move is a significant retrenchment for Edison, which went public only four years ago. Its stock reached a per-share high of $38.75 on Feb. 8, 2001.
NEWS
August 22, 2002 | By Dan Hardy INQUIRER STAFF WRITER
The first academic scores for student performance in schools operated by Edison Schools Inc. in the Chester Upland district show mixed results - with the best marks coming from the one district school that Edison does not run. Local and state officials said they generally were pleased with the results announced yesterday; Edison officials called the results a "baseline" and promised improvement next year. The 7,250-student district, perennially one of Pennsylvania's lowest-performing districts, was put under state control in 2000 to improve academic results.