We measure student success, using computer algorithms that compare each student’s data to theoretical projections to determine how much “growth” the student shows, regardless of their performance level.
Since our long-term plan is to profit from the datafication of education through impact investing, we needed the end-of-year tests to go away. The serious money to be made is from social impact bonds tied to education outcomes. It will be much better if we shift from absolute measures to “growth,” because we can measure growth over and over again. The sky’s the limit! And each time we measure, bets can be placed, and those bets are somebody’s profit. Are we shorting Detroit schools this quarter? Who are we to deny venture capital that chance? So many people thought using VAM (Value Added Model) and SLOs (Student Learning Objectives) in schools was ridiculous, but once you realize it’s all about market fluctuations it all starts to make sense, doesn’t it?