macattck / flickrIn 2012, education technology
firms attracted $1.1 billion from venture capitalists,
angel investors, corporations, and private equity—an order of
magnitude more than the industry was pulling in 2002. But gains for
the industry could easily be wiped away by politicans. While Wall
Street’s interest in online education may bode well for
entrepreneurs and students, writes Managing Editor Katherine
Mangu-Ward in Slate, bullish investors and parents would
do well to listen to war stories from weary education policy
wonks.

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