In This Business-Friendly State, Why Is It So Hard To Start A Private School?

Entrepreneurship is challenging in any sector, but education entrepreneurs often confront regulatory roadblocks and bureaucratic barriers that make launching a new school or innovative learning model particularly difficult.

Some of these roadblocks and barriers include occupational licensing requirements for new school founders, such as those in Nevada that prevent any non-state-licensed teacher or administrator from opening a secular private school. They can also include state accreditation requirements, like those in Iowa, that can prevent some schools, especially learner-centered ones, from operating.

These regulations can constrain the supply of new and creative schools, artificially limiting the education options available to families. This is particularly problematic now, as more states introduce or expand school choice programs that enable families dissatisfied with their assigned district school to exit and find an alternative. If existing or new regulations prevent those alternatives from sprouting, then the sustained success of school choice could be stymied.

Along with Nevada and Iowa, Tennessee is another state where it can be difficult to start a private school due to various accreditation and approval requirements. These regulations recently got even tighter.

Last year, the Tennessee Department of Education revised its rules for non-public school approval. Among the revisions were delineated seat time requirements of 6.5 hours a day, 180 days a year that can prevent flexible and creative scheduling. Additional annual assessment and state reporting protocols were added, and schools with fewer than 10 students were prohibited from getting started. These rules go into effect this academic year and can impact emerging schools like The Lab School of Memphis.

Launched in August 2021 by former public school teacher, Coi Morrison, The Lab School of Memphis is a small, regionally-accredited, secular K-6 private school that emphasizes project-based, learner-driven education in a nurturing environment with no grades or state testing. It was honored as a 2022 national semi-finalist for the prestigious Yass Prize for education innovation, as well as a VELA Education Fund “Next Step” grant recipient.

“I see these regulations as particularly threatening to new and would-be education entrepreneurs,” said Morrison, who also has an MBA. “Increased regulations for nonpublic schools threaten models like ours as they shift the focus to compliance for the sake of checking boxes, versus focusing on encouraging, embracing, and learning from new models

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Business News, India Inventory Market, Private Finance, IPO, Financial News Headlines

Business NewsShares dived in Hong Kong and Shanghai as buyers fret over a possible trade struggle between the US and China after Donald Trump threatened recent sanctions, sparking warnings of retaliatory measures by Beijing. Home forex market sentiment succumbed to bouts of stress on revival of recent global trade struggle fears and considerations about possibility that the hostile US commerce coverage will have a considerable influence on the Indian economy.

Hong Kong and Shanghai stocks have led a sell-off across Asian and European markets on rising trade war fears after Donald Trump threatened recent tariffs on Chinese imports. Markets react negatively after Donald Trump cancels his lengthy-awaited meeting with North Korean chief Kim Jong-un.

Hong Kong and Shanghai shares led a sell-off throughout most Asian markets on rising commerce struggle fears after Donald Trump threatened recent tariffs on Chinese imports and Beijing warned of countermeasures. For 2018. The awards ceremony was held final night at the Clayton Lodge in Dublin.

Tightening rules and trade tariffs globally will strain export-oriented sectors such as IT providers and auto, however the weakening rupee will somewhat mute this impression, the report added. The workers of public sector banks will go on a two-day strike from Could 30-31 to protest a ‘meagre’ 2 per cent wage hike offered by the Indian Banks’ Association (IBA).

Gas Problem: The Narendra Modi government is underneath fireplace for report excessive petrol and diesel prices and at present mulling each ‘long-time period’ and ‘speedy’ response towards volatility of gasoline price. While the federal government continues to be in the fix, Aam Aadmi has recommendations on the right way to bring down gas price.

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Business NewsThe government is now mulling a ‘windfall tax’ on all oil producers like ONGC in an try to moderate fuel costs. Within the earlier interactions, the Prime Minister had heard beneficiaries of free cooking gasoline (LPG) scheme, financial inclusion initiative, start-up enterpreneurs, well being scheme and Digitial India.

The rupee on Friday edged increased to 68.15 in opposition to the US greenback, extending its recovery after falling to 18-month low 68.forty two on Wednesday. Regardless of the transient recovery, the rupee is just not distant from its all-time low of sixty eight.87 vs US dollar, recorded in November 2016. Moreover outflows from home capital markets, a rising greenback and a surge in world crude costs have weighed on the rupee. The rupee is down over 6 per cent in opposition to the US dollar to date this year. Foreign exchange advisory agency IFA World says that the opportunity of rupee heading towards 70 per dollar is growing. There’s a still room for additional depreciation from current levels, it adds.

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Hong Kong and Shanghai stocks led a promote-off across most Asian markets on rising trade battle fears after Donald Trump threatened contemporary tariffs on Chinese imports and Beijing warned of countermeasures. For 2018. The awards ceremony was held last evening at the Clayton Hotel in Dublin.

This is the second time the worldwide software program main is resorting to buy back its shares after it bought 5.sixty one-crore shares in April 2017 for Rs sixteen,000 crore at Rs 2,850 per share. The JSE trended decrease along with other world equity markets, as commerce considerations continued … Read more