Thursday, November 5, 2015
Success Metrics Questioned in School Program Funded by Goldman
It was, in the vernacular of corporate America, a win-win: a bond that paid for preschool for underprivileged children in Utah while also making money for investors.
Goldman Sachs announced last month that its investment in a Utah preschool program had helped 109 “at-risk” kindergartners avoid special education. The investment also resulted in a $260,000 payout for the Wall Street firm, the first of many payments that is expected from the investment. . .
Yet since the Utah results were disclosed, questions have emerged about whether the program achieved the success that was claimed. . .