Finlnd, Sweden, UK – Privatisation of Education

All Scandinavian education gets branded as excellent but this is not the case.  Finland’s education system is world class but Sweden’s isn’t and there is a reason: privatisation.

One of the main operators of Swedish education services – JB Education – owned by private equity company Axel – went bust in June 2013 leaving around 10,000 students without a school. In the words of the Swedish education minister, Jan Bjorklund: ‘We had a venture capital company that didn’t know much about education taking over Swedish schools… They thought they were going to make big money, discovered it wasn’t easy, got tired quickly and quit.’ Continue reading