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Pearson Education is a British-owned education publishing and assessment service to schools and corporations, as well as directly to students. Yet in many parts of the world, low-cost private schools are a big step up from existing public schools, where buildings may be falling down, philanthropic grants are used to line local officials’ pockets, and teachers don’t bother to show up. The father of Nobel laureate and youth education advocate Malala Yousafzai himself started a chain of low-cost private schools in Pakistan.
Pearson is part of Pearson PLC , which formerly owned the Financial Times It was created in July 1998 when Pearson PLC purchased the education division of Simon & Schuster from Viacom and merged it with its own education division, Addison-Wesley Longman , to form Pearson Education.
But the POLITICO review found that public contracts and public subsidies — including at least $98.5 million in tax credits from …Read More