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PARENTS
ADVOCATING
SCHOOL
ACCOUNTABILITY
Controversial, for-profit Edison Schools, once hailed as the salvation of public education, has fallen from glory as what seemed like visionary ideas turned out to be just a sales pitch. In its heyday, Edison claimed that it could run public schools for less money than school districts could. The company dropped that claim as dismayed clients complained about its extra costs.
Edison's boasts that it could improve student achievement while making a profit fell just as flat.
Edison's student achievement has been mixed at best, and its claims about academic improvement never held up to scrutiny. A July 2002 New York Times analysis of Edison's claims found that the troubled Cleveland, Ohio, school system achieved higher gains than Edison's schools when analyzed with the methodology Edison applied to its own schools' achievement.
The notion of making a profit collapsed too. Edison Schools lost millions of dollars every year, showing a profit in just one quarter of the 10 years it made its finances public.
Edison's stock was publicly traded on the NASDAQ for four years. After reaching a high of close to $40 per share in early 2001, the share value tumbled to a low of 14 cents. In November 2003, the company was taken private in a buyout which paid only $1.75 per share. It was shortly after the buyout that Edison posted its lone profitable quarter, and then immediately ceased providing any public disclosure of its finances. The company has never indicated that it was able to maintain profitability for more than the one quarter.
After losing many contracts - along with its media luster -- Edison quietly began moving away from its original mission of "revolutionizing" public education, and into marketing conventional supplemental services such as testing, summer school and tutoring. Almost all of its new business involves providing such services rather than trying to manage schools.
Edison attracted ideological support from backers of privatization and school vouchers, and from such powerful conservative bastions as the Wall Street Journal editorial board and the Hoover Institution. But its name is no longer mentioned when "school reform" supporters talk about solutions for public education.
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Number of cancelled Edison contracts |
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Click here for a list of cancelled contracts.
Click here for shareholder lawsuit information.
Page last updated Sunday June 29, 2008
PASA Press Releases
Hot Off The Presses
| June 30, 2005 | | Edison Schools' False Numbers Obscure Contract Losses
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| April 21, 2005 | | Sex, cheating scandals cost stumbling Edison Schools another client |
| February 26, 2005 | | Edison Schools loses Miami contract as for-profit firm slides into irrelevance |
| August 29, 2004 | | Once-hailed privatized school posts mediocre test scores |
| September 16, 2003 | | Edison Schools: 'dreams unrealized' |
| March 5, 2003 | | Inconsistencies, selectivity cloud Edison Schools report |
| January 22, 2003 | | Edison Schools’ new achievement claims exclude most of the company’s schools |
| October 11, 2002 | | Community Angered Over Edison Schools' Proposal, Calling it Child Labor |
| August 29, 2002 | | Alert: Edison school released false test scores |
| July 13, 2002 | | Edison's New York test scores plunge |
| June 24, 2002 | | Most of Edison's early contracts severed |
| June 15, 2002 | | RAND Denies Link with Questionable Edison Test Scores Claim |
| May 21, 2002 | | Concerning Possible Edison Schools Savior's Controversial Ultra-Right History |
| May 20, 2002 | | Omissions, Misstatements Discredit Edison Achievement Claims |
| May 2, 2002 | | Alert from Parents Advocating School Accountability, San Francisco |
| May 1, 2002 | | Peoria Kids Pay Price of Costly Edison Schools |
Bogus Claims
| June 30, 2005 | | Edison Schools' False Numbers Obscure Contract Losses
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| March 5, 2003 | | Inconsistencies, selectivity cloud Edison Schools report |
| June 15, 2002 | | RAND Denies Link with Questionable Edison Test Scores Claim |
| March 13, 2002 | | Discrepancy discredits Edison test score claims |
| February 18, 2002 | | Most Edison Schools in Illinois Suffer Drops in Scores |
| February 1, 2002 | | Edison Schools Underreports Severed Contracts |
| December 22, 2001 | | Edison's Philly Sales Pitch Heavy on Myths |
| November 18, 2001 | | Low Performance at more Edison Schools Further Discredits Company "Gains" Boast |
| October 4, 2001 | | Claims of Gains 'Potentially Misleading,' Edison Schools Admits |
| September 17, 2001 | | How Voucher Campaign Machinery, Other Outsiders Orchestrated Edison 'Parents' Crusade |
| March 15, 2001 | | Edison Schools' Hallmark: Slick Promises, Lackluster Results |
| February 12, 2001 | | Edison Schools' Purported Score Gains Inflated |
The San Francisco Story
| December 15, 2001 | | Updated Academic Scores Confirm Edison School's Bottom Ranking |
| October 16, 2001 | | Controversial Edison School Lands Dead Last in District Academic Ranking |
| October 7, 2001 | | Edison Schools Inc. Balks at Feeding Kids |
| September 24, 2001 | | Four Edison Schools Land on State's Lowest-Performing List |
| September 17, 2001 | | How Voucher Campaign Machinery, Other Outsiders Orchestrated Edison 'Parents' Crusade |
| September 16, 2001 | | 7 Disadvantaged San Francisco Schools' Gains Soar Above Edison's |
| August 15, 2001 | | 2001 Test Scores Drop at San Francisco's For-Profit Edison School |
| July 12, 2001 | | State Charter Approved for Controversial Edison School |
| July 10, 2001 | | Many African-American Students Excluded from Edison Test Scores |
| July 3, 2001 | | Racial Tension Racks Edison School, Ex-Parents Reveal |
| April 30, 2001 | | Unwanted Edison Schools Trying to Force Renewal of San Francisco Contract |
| February 12, 2001 | | Edison Schools' Purported Score Gains Inflated |
Test Scores
| March 5, 2003 | | Inconsistencies, selectivity cloud Edison Schools report |
| August 29, 2002 | | Alert: Edison school released false test scores |
| July 13, 2002 | | Edison's New York test scores plunge |
| June 15, 2002 | | RAND Denies Link with Questionable Edison Test Scores Claim |
| May 20, 2002 | | Omissions, Misstatements Discredit Edison Achievement Claims |
| March 13, 2002 | | Discrepancy discredits Edison test score claims |
| February 18, 2002 | | Most Edison Schools in Illinois Suffer Drops in Scores |
| January 21, 2002 | | 5 of 8 Edison Schools Drop on California’s Similar Schools Index |
| January 12, 2002 | | Edison Likely to Lose Two Wichita Schools |
| December 15, 2001 | | Updated Academic Scores Confirm Edison School's Bottom Ranking |
| October 16, 2001 | | Controversial Edison School Lands Dead Last in District Academic Ranking |
| September 24, 2001 | | Four Edison Schools Land on State's Lowest-Performing List |
| September 16, 2001 | | Seven Disadvantaged San Francisco Schools' Gains Soar Above Edison's |
| August 15, 2001 | | 2001 Test Scores Drop at San Francisco's For-Profit Edison School |
| July 10, 2001 | | Many African-American Students Excluded from Edison Test Scores |
| June 19, 2001 | | Test Scores Rise After Texas District Severs For-Profit Contract |
| February 12, 2001 | | Edison Schools' Purported Score Gains Inflated |
Financial Failures
Open Letters
Humor
Other Media
Edison in the News
| | | |
| June 29, 2008 | | Washington Post | | Setback for Philadelphia Schools Plan |
| June 25, 2008 | | Philadelphia Inquirer | | Edison says it was not liable for school safety |
| June 19, 2008 | |
Philadelphia Inquirer | |
Phila. taking back 6 privatized schools |
| September 10, 2007 | |
San Diego Union-Tribune | |
Charter school severs most ties with N.Y. firm |
| August 11, 2007 | |
Philadelphia Daily News | |
Nevels to quit school-reform post |
| June 28, 2007 | |
Philadelphia Daily News | |
School-manager funding OK'd |
| June 25, 2007 | |
Charleston Post and Courier | |
Private education company didn't make the grade |
| June 21, 2007 | |
Philadelphia Inquirer | |
SRC postpones decision on six outside managers |
| June 14, 2007 | |
Philadelphia Inquirer | |
SRC considers 3 options to alter outside-management contracts |
| April 16, 2007 | |
Baltimore Sun | |
Taking over for Edison |
| April 11, 2007 | |
Philadelphia Inquirer | |
City school managers backed as hearings open |
| March 21, 2007 | |
Philadelphia Daily News | |
Edison can see cut in schools, services |
| March 16, 2007 | |
Philadelphia Daily News | |
Nevels: Unaware of Edison |
| March 9, 2007 | |
Philadelphia Daily News | |
Schools pay $1.6M for 'ghost' pupils |
| March 5, 2007 | |
New York Post | |
CITY PROBES SCHOOLS BIG |
| February 28, 2007 | |
Philadelphia Inquirer | |
Ex-staffer sues city charter school |
| December 17, 2006 | |
Trenton Times | |
Leaky gym roof benches gym classes |
| November 15, 2006 | |
Philadelphia Inquirer | |
Private managers in district face cuts |
| November 9, 2006 | |
Philadelphia Inquirer | |
Vallas gets heat on school cuts |
| October 24, 2006 | |
Philadelphia Daily News | |
9th-grade sports, teen-parenting centers, librarians on state-appointed overseers' list of possible targets |
| October 10, 2006 | |
Philadelphia Daily News | |
$21M schools deficit to force layoffs, cuts |
| Fall 2006 | |
Philadelphia Public School Notebook | |
Focus on School District Contracting |
| September 1, 2006 | |
Philadelphia Inquirer | |
Schools in region make progress |
| August 19, 2006 | |
Albany Times Union | |
Charter school hires new manager |
| July 26, 2006 | |
Baltimore Examiner | |
Edison Schools: Nothing more than a sales pitch |
| July 14, 2006 | |
Baltimore Sun | |
No magic bullet |
| July 13, 2006 | |
Baltimore Sun | |
Edison schools see drop in scores |
| June 13, 2006 | |
Education News | |
Showdown at the OK Corral |
| May 26, 2006 | |
Philadelphia Daily News | |
State: Vallas' budget woes not our fault |
| May 13, 2006 | |
Journal Gazette | |
Measuring charter management |
| April 6, 2006 | |
Philadelphia Inquirer | |
Street slams Pa. cut to district budget |
| March 30, 2006 | |
Baltimore Sun | |
Success rare after takeover of districts |
| March 28, 2006 | |
PJ Star | |
Edison schools to stay in Peoria |
| March 16, 2006 | |
Las Vegas Review Journal | |
Troubled school starts fresh |
| March 11, 2006 | |
Dayton Daily News | |
Assault victim's mom files lawsuit |
| March 8, 2006 | |
NY Times | |
Report on Tutoring Firms Cites Problems in New York |
| March 8, 2006 | |
Philadelphia Inquirer | |
Edison schools suffer in city parents' survey |
| February 28, 2006 | |
Albany Times Union | |
Charter school receives warning |
| February 15, 2006 | |
Duluth News Tribune | |
Schools will stay with Edison -- for now |
| February 12, 2006 | |
Duluth News Tribune | |
Charter schools may drop Edison |
| February 6, 2006 | |
Worcester Telegram | |
School’s charter up for renewal |
| January 26, 2006 | |
MSNBC | |
Buffalo Charter School Troubles |
| January 11, 2006 | |
Duluth News Tribune | |
A graduation for the academy? |
| December 10, 2005 | |
Peoria Journal Star | |
Edison contract on the table |
| December 10, 2005 | |
Dayton Daily News | |
School blasted for sex assault |
| December 3, 2005 | |
WTOV | |
Middle School Principal Under Arrest |
| November 24, 2005 | |
Education Review | |
Crash Course: Imagining a Better Future for Public Education |
| November 8, 2005 | |
Philadelphia Inquirer | |
They agree public schools need help - in different ways |
| November 2, 2005 | |
Belleville News Democrat | |
Chicago's largest tutoring provider cooperates in state probe |
| November 1, 2005 | |
PJ Star | |
19 schools decline in performance |
| October 31, 2005 | |
Peoria Journal Star | |
Study: Edison results mixed |
| October 27, 2005 | |
Sacramento Bee | |
Molly Ivins: Corporatization of culture is threat to democracy |
| October 23, 2005 | |
Chicago Sun Times | |
Tutoring service disqualified at 5 schools |
| October 13, 2005 | |
Honolulu Star Bulletin | |
Edison schools are only average |
| September 29, 2005 | |
Philadelphia Daily News | |
School reforms: Results mixed |
| September 26, 2005 | |
Chicago Tribune | |
Overhead eats up federal tutor funds |
| September 9, 2005 | |
Baltimore Sun | |
Privately run city schools cost more to improve |
| August 10, 2005 | |
Lexington Herald Leader | |
Many poor, minority children still left behind |
| July 2, 2005 | |
ABC News | |
After Bail Out, Privatization, School District Starts Over |
| July 1, 2005 | |
EducationNews | |
Edison Schools' False Numbers Obscure Contract Losses |
| July 1, 2005 | |
PJ Star | |
District 150 panel says Edison should go |
| June 30, 2005 | |
Journal-Sentinel | |
Charter school ends Edison affiliation |
| June 26, 2005 | |
Delco Times | |
Failing grade |
| June 22, 2005 | |
Washington Post | |
Board Revokes Southeast School's Charter |
| June 21, 2005 | |
Dayton Daily News | |
School suspends 2 officials |
| June 18, 2005 | |
Peoria Journal Star | |
Board wants more info on Edison |
| June 17, 2005 | |
Peoria Journal Star | |
Edison contract in doubt |
| June 16, 2005 | |
Philadelphia Inquirer | |
Edison in Chester: How plan failed |
| June 15, 2005 | |
Flint Journal | |
Except for names, much will stay same at ex-Edison schools |
| Summer 2005 | |
The Notebook | |
Edison in Line for Two More Schools |
| May 28, 2005 | |
Duluth News Trubune | |
CHARTER SCHOOLS: Shrinking enrollments are expected to means fewer teachers at Duluth's Edison schools |
| May 25, 2005 | |
Delco Times | |
‘Case is closed’ against Chester High principal |
| May 25, 2005 | |
Penn Live | |
Ambitious school reform effort collapses |
| May 22, 2005 | |
Springfiled State Journal Register | |
Firm won't be back to run Feitshans |
| May 21, 2005 | |
Dayton Daily News | |
Charter school admits being 'remiss' |
| May 20, 2005 | |
Peoria Journal Star | |
Budget task force eyes Edison Schools |
| May 19, 2005 | |
Philadelphia Inquirer | |
School panel delays two votes |
| May 18, 2005 | |
Springfield Journal Register | |
School board requests VOICES deliver 'more specific' ideas |
| May 13, 2005 | |
Albany Times Union | |
Bond sale lifts school spirit |
| May 11, 2005 | |
Flint Journal | |
King school to close |
| May 11, 2005 | |
Philadelphia Inquirer | |
Edison fires a principal over exam allegations |
| May 9, 2005 | |
Detroit Free Press | |
Inkster Schools ready to work on own, leader says |
| April 30, 2005 | |
Flint Journal | |
Teachers balk at Westwood's year-round school idea |
| April 29, 2005 | |
Honolulu Advertiser | |
Restructuring of 24 schools wins an OK |
| April 26, 2005 | |
Rochester Democrat & Chronicle | |
Charter school pair defended |
| April 23, 2005 | |
Peoria Journal Star | |
A flurry of ideas - and Post-its |
| April 21, 2005 | |
Rochester Democrat and Chronicle | |
Charter school faces inquiry |
| April 21, 2005 | |
Delco Times | |
Show Edison the door out of Chester Upland |
| April 21, 2005 | |
Rochester Democrat and Chronicle | |
State accedes to mayor: Charter school will be probed |
| April 20, 2005 | |
St. Petersburg Times | |
Conflict over failing schools on horizon |
| April 19, 2005 | |
Common Denominator | |
Board votes to revoke charter at SE school |
| April 17, 2005 | |
Philadelphia Inquirer | |
Principal accused of cheating on tests |
| April 16, 2005 | |
Delco Times | |
C.U. officials: Students blew whistle on principal |
| April 15, 2005 | |
Albany Times Union | |
Principal's exit leaves questions |
| April 14, 2005 | |
Flint Journal | |
Flint school board seeks busing, budget solutions |
| April 10, 2005 | |
Philadelphia Inquirer | |
Principal just tip of Chester-Upland woes |
| April 10, 2005 | |
Delco Times | |
Charges against Wilson the last straw for Edison |
| April 9, 2005 | |
Delco Times | |
Edison confirms it willl leave Chester Upland |
| April 8, 2005 | |
Delco Times | |
Edison spokesman: We’re outta here |
| April 8, 2005 | |
Delco Times | |
No matter the outcome, Chester will suffer |
| April 7, 2005 | |
Philadelphia Inquirer | |
School reeling over sex charges |
| April 7, 2005 | |
Delco Times | |
Latest controversy could signal the end for Edison |
| April 6, 2005 | |
Abany Times Union | |
Charter school chief resigns |
| April 6, 2005 | |
Philadelphia Inquirer | |
Principal accused of sexual incidents |
| April 5, 2005 | | State Journal Register | | School board against keeping Edison |
| March 31, 2005 | | Miami Herald | | Failing schools takeover targets |
| March 25, 2005 | | Detroit Free Press | | MANN BANNED |
| March 24, 2005 | | Houston Chronicle | | When public schools go to profiteers, all of Texas loses |
| March 23, 2005 | | Delco Times | | Monitor: Edison sells foreign learners short |
| March 21, 2005 | | Rochester Democrat & Chronicle | | Leadership, size blamed for demise of 2 schools |
| March 18, 2005 | | Austin Chronicle | | Public Ed Bill Escapes the House – Barely |
| March 15, 2005 | | Rochester Democrat & Chronicle | | No gains in fight to save a charter school |
| March 13, 2005 | | Delco Times | | Jones has new vision for Chester |
| March 12, 2005 | | Rochester Democrat & Chronicle | | SUNY official hopes principal Banister will open a charter |
| March 4, 2005 | | Week.com | | Out of Money |
| March 4, 2005 | | York Daily Record | | Lincoln money may be released |
| March 3, 2005 | | Delco Times | | For Chester Upland, recent progress comes to standstill |
| March 2, 2005 | | Rochester Democrat and Chronicle | | Pleas, protests fail to keep ailing facilities alive |
| March 2, 2005 | | Jersey Journal | | Schomburg School buys its building |
| March 2, 2005 | | Education Week | | State-Run Pa. District Battles Host of Woes |
| March 1, 2005 | | Flint Journal | | New plan pares school closings to two |
| February 25, 2005 | | Delco Times | | It’s official: Chester Upland in major financial meltdown |
| February 24, 2005 | | St. Petersburg Times | | 'The ultimate sanction' |
| February 21, 2005 | | WROC | | State: Time's Up for Two Charter Schools |
| February 20, 2005 | | NY Times | | 'TUTOR' ETHICS |
| February 18, 2005 | | Miami Herald | | Private takeover step closer for F schools |
| February 17, 2005 | | Charter Schools Institute/SUNY | | FINDINGS AND RECOMMENDATIONS OF THE CHARTER SCHOOLS INSTITUTE AS TO THE APPLICATION FOR CHARTER RENEWAL OF THE CHARTER SCHOOL OF SCIENCE AND TECHNOLOGY |
| February 16, 2005 | | Philadelphia Inquirer | | District chief urges Edison's departure |
| February 15, 2005 | | Delco Times | | Kirkland won’t seek funds unless Edison goes |
| February 15, 2005 | | Delco Times | | C.U. exec’s recommendation: Don’t renew Edison’s contract |
| February 12, 2005 | | Rochester Journal News | | Rochester school finds new motivation to succeed |
| January 24, 2005 | | Delco Times | | Report scores C.U. schools |
| January 20, 2005 | | York Dispatch | | Charter dispute appeal |
| December 31, 2004 | | York Dispatch | | Court denies appeal over charter school rent |
| December 29, 2004 | | Delco Times | | C.U. puts Edison on notice |
| December 17, 2004 | | Kansas City Star | | Missouri board rejects proposal for new Westport charter school |
| December 16, 2004 | | Columbia Daily Tribune | | Bill would deny funds to Newton |
| December 16, 2004 | | NY Times | | A Second Report Shows Charter School Students Not Performing as Well as Other Students |
| December 16, 2004 | | York Daily Record | | School board flunks charter |
| December 15, 2004 | | Buffalo Business First | | Stepping Stone Charter School gets probation |
| December 13, 2004 | | Education News | | PRIVATIZATION ZEALOTRY |
| December 11, 2004 | | Buffalo News | | State agency to place charter school on probation |
| December 10, 2004 | | York Dispatch | | School board to add to charter opposition |
| December 1, 2004 | | York Daily Record | | Lincoln Charter officials appeal to school board |
| November 26, 2004 | | Delco Times | | C.U. board members want Edison out |
| November 23, 2004 | | Philadelphia Inquirer | | Stetson parents put blame on school |
| November 19, 2004 | | Philadelphia Daily News | | Stetson principal removed after rape |
| November 19, 2004 | | Philadelphia Inquirer | | District puts Edison on notice after rape |
| November 17, 2004 | | NBC10 | | Boy, 12, Allegedly Raped By Male Classmate At School |
| November 12, 2004 | | Denver Post | | Board postpones decision on Cole charter |
| November 10, 2004 | | Pasadena Star News | | School officials flip over gymnastics, suspend girl |
| November 9, 2004 | | Delco Times | | Order needed in problematic school district |
| November 1, 2004 | | Delco Times | | ‘Down to bone’ C.U. budget to force cuts, building sales |
| October 8, 2004 | | Philadelphia Inquirer | | State report criticizes Chester Upland schools |
| October 8, 2004 | | PR Newswire | | Weaver Disputes Recommendation of State Management Assessment Study
| | October 1, 2004 | | Delco Times | | It’s time for action to fix Chester schools |
| September 30, 2004 | | Delco Times | | Edison on shaky ground? |
| September 29, 2004 | | Delco Times | | Tempers, emotions flare at meeting in Chester Upland |
| September 28, 2004 | | Delco Times | | Students clash at Chester High |
| September 24, 2004 | | Delco Times | | Angry Chester High students walk out to protest overcrowding |
| September 23, 2004 | | CorpWatch | | Leaving Children Behind |
| September 22, 2004 | | Delco Times | | Chester High still reeling from overcrowding |
| September 22, 2004 | | Peoria Journal Star | | Former District 150 official blames error on ex-superintendent |
| September 21, 2004 | | Peoria Journal Star | | Ex-District 150 head defends self at meeting |
| September 17, 2004 | | Albany Times Union | | Charter school gets a reprieve |
| September 15, 2004 | | Colorado Springs Gazette | | Closing Schools No Answer, Many Say |
| September 10, 2004 | | Las Vegas Journal Review | | 818 students opt to switch from struggling schools |
| September 9, 2004 | | New York Teacher | | Regents to debate charter, middle-level education |
| August 26, 2004 | | Kansas City Star | | Charter schools' errors tallied |
| August 26, 2004 | | Flint Journal | | Northwestern-Edison principal takes Detroit job |
| August 15, 2004 | | SF Bay Guardian | | Failing grades |
| August 12, 2004 | | Albany Times Union | | Charter schools on hunt for students |
| August 6, 2004 | | AlterNet | | My Own Private School District |
| August 3, 2004 | | Education News | | Grassroots Parent Group Unites To File Federal Civil Suit Against Edison Schools |
| August 2, 2004 | | Las Vegas Journal Review | | TIME RUNNING OUT: Edison struggles on |
| July 19, 2004 | | Neosho Daily News | | Diamond district sues summer school provider |
| June 30, 2004 | | Philadelphia Inquirer | | Board retains Edison Schools amid a protest |
| June 16, 2004 | | Philadelphia Daily News | | How district fared on quest to fix schools |
| June 10, 2004 | | The State | | Schools expel unhealthy snacks |
| June 10, 2004 | | Philadelphia Daily News | | Test scores up... again |
| June 9, 2004 | | NUVO | | Christel House hires Edison |
| June 1, 2004 | | Kansas City Star | | Multiple problems afflict KC district's experiment |
| May 21, 2004 | | Daily Times | | Edison drops the ax |
| May 18, 2004 | | Kansas City Star | | Westport officials concede problems |
| May 10, 2004 | | The Times of Trenton | | Troubled past leads to no future |
| May 10, 2004 | | Lexington Herald-Leader | | School vouchers don't live up to claims |
| May 4, 2004 | | Newsday | | Principal to step down |
| April 29, 2004 | | Kansas City Star | | KC board takes over Westport Charter School |
| April 26, 2004 | | Palm Beach Post | | Risky political bet with O.P.M. |
| April 3, 2004 | | Newsday | | Trouble for charter school in Riverhead |
| April 1, 2004 | | Tyler Morning Telegraph | | Stewart Middle School Headed In New Direction After Edison |
| March 31, 2004 | | Tyler Morning Telegraph | | Edison Project Didn'T Make Grade |
| March 25, 2004 | | York Daily Record | | Tough test for charter school |
| March 23, 2004 | | Times of Trenton | | Granville Charter School closing |
| March 17, 2004 | | Jersey Journal | | Schomburg Charter School cheers news its state charter is renewed |
| February 28, 2004 | | Flint Journal | | Flint moves to help struggling schools |
| February 27, 2004 | | Riverhead News-Review | | Charter Problems |
| February 24, 2004 | | WROC-TV | | Tensions High at Charter School Meeting |
| February 22, 2004 | | Flint Journal | | Schools score well in fantasy, deceit |
| February 21, 2004 | | York Daily Record | | Coach proposes third charter school |
| February 2004 | | Colorado Springs Gazette | | Charter school enrollment keeps growing |
| January 1, 2004 | | News-Review | | Charter controversy erupts |
| December 25, 2003 | | York Daily Record | | Lincoln Charter School has a plan |
| December 5, 2003 | | Flint Journal | | Flint: Parents fight to save Edison program |
| December 3, 2003 | | York Daily Record | | Rent set for charter school |
| November 24, 2003 | | Orlando Business Journal | | Study: Fla. funds manager overpaid |
| November 17, 2003 | | St. Petersburg Times | | Where the money goes |
| November 12, 2003 | | US Newswire | | Edison Investment Is Risky Business for Retirees, Say Groups |
| November 10, 2003 | | Orlando Business Journal | | Pension investment blasted |
| November 6, 2003 | | Kansas City Star | | Edison school deal called off |
| November 5, 2003 | | State Journal-Register | | Schiller pessimistic about schools |
| November 3, 2003 | | St. Petersburg Times | | Too good a deal for state pension fund? |
| October 18, 2003 | | Flint Journal | | MEAP-score ax hangs over Edison ties |
| October 1, 2003 | | Venice Gondolier | | State pension fund investment criticized by teachers' union |
| September 30, 2003 | | Tampa Bay Business Journal | | NEA warns Florida against investing in Edison |
| September 27, 2003 | | Flint Journal | | School option:Shutter or tax |
| September 26, 2003 | | St. Petersburg Times | | Investing in irony |
| September 17, 2003 | | Daily Pennsylvanian | | Edison Schools turns profit for first time |
| August 28, 2003 | | Boston Globe | | Weld firm is Boston fund finalist |
| August 25, 2003 | | Dow Jones Business News | | Edison Schools Details Buyout, Including CEO Pay Raise |
| August 13, 2003 | | Rocky Mount Telegram | | Swift Creek Elementary makes most improvement |
| July 15, 2003 | | SF Chronicle | | Edison Schools shareholders sue to block company's sale |
| July 15, 2003 | | Wall Street Journal | | Edison Schools CEO Whittle To Lead Management Buyout |
| July 14, 2003 | | Wall Street Journal | | Edison Founder to Buy Back Company for $93.5 Million |
| July 3, 2003 | | New York Times | | Edison Stays Afloat by Altering Course |
| July 2, 2003 | | The Daily Times | | Chester Upland will wait before approving budget |
| June 26, 2003 | | NewsHour | | Update: School Experiment |
| June 26, 2003 | | NY Post | | Deal To Rescue Harlem Museum |
| June 23, 2003 | | The News-Review | | Charter must pay up |
| June 21, 2003 | | Las Vegas Journal Review | | Legislative mess leaves schools in limbo |
| June 18, 2003 | | Kansas City Star | | Philly Scales Back School Privatization |
| June 15, 2003 | | San Jose Mercury News | | Crucial legislation: charter schools, AB 1137 |
| June 13, 2003 | | Las Vegas Sun | | School Board told to put Edison expansion plans on hold |
| June 12, 2003 | | Denver Post | | PBS looks at profit push for schools |
| June 11, 2003 | | Las Vegas Sun | | Report puts Edison's expansion in doubt |
| May 27, 2003 | | York Daily Record | | Lincoln Charter School should quit squabbling and pay up |
| May 23, 2003 | | The Street.com | | The Five Dumbest Things on Wall Street This Week |
| May 23, 2003 | | Newsday | | Report Gets an F: Edison Schools had kept loan default quiet |
| May 16, 2003 | | York Dispatch | | Board fails to rule on payment |
| May 14, 2003 | | The Times | | Charter schools searching for sites |
| May 7, 2003 | | New York Times | | New York Times debunks voucher boosters' holy grail |
| May 3, 2003 | | New York Times | | Charter Schools Grow in Suburbs, Uneasily |
| May 2, 2003 | | Austin Chronicle | | On the Lege |
| April 20, 2003 | | The Times | | Financial ills dog Granville school |
| April 8, 2003 | | Flint Journal | | Ed panel ponders Edison school move |
| April 3, 2003 | | Las Vegas Sun | | Measure would affect Edison contract |
| April 2, 2003 | | Education Week | | Vallas Calls For Cuts To Private Companies |
| March 29, 2003 | | Kansas City Star | | Summer-school incentives surprise, upset Hickman Mills board members |
| March 27, 2003 | | Las Vegas review-Journal | | Micromanagement Issues |
| March 23, 2003 | | Tyler Morning Telegraph | | TISD Trustees To Review Edison Contract |
| March 18, 2003 | | Battle Creek Enquirer | | Level Park Elementary to close: Board fails to renew Edison contract |
| March 16, 2003 | | Battle Creek Enquirer | | B.C. school board to tackle fate of Level Park, Edison |
| March 14, 2003 | | Las Vegas Sun | | Patience wearing thin with Edison Schools |
| March 12, 2003 | | Las Vegas Sun | | Panel urges overhaul of Edison-run school |
| March 12, 2003 | | Phoenixville News | | It's too late to seek more start-up fees |
| March 11, 2003 | | The Phoenix | | Edison wants more money |
| March 8, 2003 | | The Trentonian | | Granville not panicking about cash woes |
| March 5, 2003 | | The Trentonian | | Granville charter sued for back rent |
| March 4, 2003 | | Las Vegas Review-Journal | | INADEQUATE SCHOOLS: District's list hits Thirty |
| March 4, 2003 | | Las Vegas Sun | | Thirty area schools need to improve |
| March 1, 2003 | | Kansas City Star | | Westport Charter school plans to drop contract with Edison |
| February 28, 2003 | | Union-News | | Charter: SABIS to run school |
| February 21, 2003 | | Tyler Morning Telegraph | | Board Boots Edison Off Stewart Campus |
| February 21, 2003 | | The Delco Times | | Edison could be pinched without overdue subsidy from Chester Upland |
| February 15, 2003 | | Kansas City Star | | State budget gloom decides Park Hill's direction for summer school |
| February 14, 2003 | | Tyler Morning Telegraph | | Edison Officials Defend Program |
| February 5, 2003 | | KSHB News | | Allegations against the Westport Senior Academy and the man who says what went wrong |
| February 5, 2003 | | Kansas City Star | | Attendance figures under scrutiny at two KC charter schools |
| February 3, 2003 | | Indianapolis Star | | City may pull school's charter |
| January 16, 2003 | | The Daily Pennsylvanian | | Questions cloud Edison takeover |
| January 9, 2003 | | Detroit Free Press | | Pontiac Schools: Edison ideas might be used |
| January 8, 2003 | | Detroit Free Press | | Pontiac board to end Edison Schools contract |
| December 15, 2002 | | New York Times | | Philadelphia School's Woes Defeat Veteran Principal |
| December 9, 2002 | | Fortune | | Why Edison Doesn't Work |
| November 26, 2002 | | York Daily Record | | Edison deal stinks |
| November 20, 2002 | | Edison Schools flirting with disaster | | Philadelphia Fights Schools Takeover |
| November 20, 2002 | | Associated Press | | Philadelphia Fights Schools Takeover |
| November 14, 2002 | | Dow Jones Business News | | Edison Schools 1st-Quarter Loss Widened |
| November 8, 2002 | | NY Daily News | | Whittling away debt |
| November 5, 2002 | | Dow Jones Business News | | Nasville, N.C., School Board Ends Contract With Edison Schools |
| November 5, 2002 | | Rocky Mount Telegram | | Edison dumped by board |
| November 4, 2002 | | Business Week | | Edison: An "F" in Finance |
| October 31, 2002 | | Rocky Mount Telegram | | Nash-Rocky Mount may sever pact with Edison |
| October 31, 2002 | | Arizona Daily Star | | Concerns about privatizing |
| October 29, 2002 | | Palm Beach Post | | Turn recess into job training |
| October 29, 2002 | | New York Times | | Federal Report Makes No Call on For-Profit Schools |
| October 29, 2002 | | Wall Street Journal | | Studies on For-Profit Schools Found Inconclusive |
| October 28, 2002 | | O'Dwyer's PR Daily | | Edison Fights Media Barrage |
| October 24, 2002 | | Philadelphia City Paper | | Whittle me this |
| October 24, 2002 | | HC&G | | Home for the Money |
| October 22, 2002 | | Wall Street Journal | | Edison Schools Works to Lift Failing Grade From Investors |
| October 16, 2002 | | Associated Press | | School System Mulls Cutting Edison |
| October 16, 2002 | | Delco Times | | Test scores continue their downward trend |
| October 16, 2002 | | Delco Times | | Time for Edison to deliver to Chester Upland |
| October 12, 2002 | | Delco Times | | Edison faces a threat |
| October 12, 2002 | | Detroit News | | Embattled Edison Schools criticized for idea to make students work |
| October 9, 2002 | | Flint Journal | | Edison Schools chief says firm financially solid |
| October 8, 2002 | | Flint Journal | | Flint: Edison school parents may get warning letter |
| October 7, 2002 | | US News & World Report | | Philly's Fresh Start |
| October 6, 2002 | | Associated Press | | Edison, Philly Schools Chief Spar |
| October 4, 2002 | | Reuters | | Philadelphia Eyes Edison Schools Future |
| October 2, 2002 | | Associated Press | | School District Withholds Paycheck |
| October 1, 2002 | | Tyler Morning Telegraph | | Parent Wants More Charges Against Teacher |
| September 30, 2002 | | Tyler Morning Telegraph | | Teacher Who Allegedly Hit Student Suspended |
| September 27, 2002 | | The Delco Times | | CUEA members upset with Edison |
| September 24, 2002 | | Detroit Free Press | | Mt. Clemens has its schools back: Critics say private firm fell short of lofty goals |
| September 24, 2002 | | Detroit Free Press | | Mt. Clemens has its schools back |
| September 18, 2002 | | NUVO | | Privatization’s swan song? |
| September 17, 20mber 17, 2002 | | Washington Post | | Private Enterprise, Public Woes in Phila. Schools |
| September 16, 2002 | | Reason Online | | Whittled Away: Don't blame Edison's failure on the market |
| September 16, 2002 | | Washington Post | | Private Enterprise, Public Woes in Philadelphia Schools |
| September 12, 2002 | | Flint (Michigan) Journal | | Flint: School board worried by fall in Edison stock prices |
| September 6, 2002 | | Reuters | | Edison Schools Asks Chairman to Repay $3 Million Loan |
| September 5, 2002 | | Reuters | | Edison cancels $125 mln Harlem headquarters project |
| September 5, 2002 | | Reuters | | Edison Schools Posts Wider 4th-Quarter Loss, Restates 2000, 2001 Figures |
| August 30, 2002 | | Slate | | Edison's Dim Bulbs |
| August 29, 2002 | | Wall Street Journal | | Edison Schools May Receive Delisting Notice From Nasdaq |
| August 27, 2002 | | Waco Tribune-Herald | | Young: Lights out for Edison |
| August 26, 2002 | | Wall Street Journal | | Dallas Ends School Contract With Edison Over Test Scores |
| August 23, 2002 | | New York Times | | State's Largest Charter School Faces a Critical Year |
| August 22, 2002 | | York Daily Record | | City schools to call on Casey |
| August 20, 2002 | | PR Newswire | | Casey Refers Edison Schools, Inc. Matter to Federal Investigators |
| August 15, 2002 | | Wall Street Journal | | Edison May Loss Contract in Dallas Due to District's Budget Constraints |
| August 13, 2002 | | Rochester Democrat & Chronicle | | Charter high school cancellation causes 11th-hour chaos |
| August 8, 2002 | | Salon.com | | Tom Ridge's school daze |
| August 1, 2002 | | PR Newswire | | Pennsylvania Auditor General Casey: State Education Department isImpeding Review of No-Bid Edison Contract |
| July 29, 2002 | | Boston Globe | | A plan to privatize Philadelphia schools |
| July 26, 2002 | | Associated Press | | Philly Reduces Co.'s Role in Schools |
| July 16, 2002 | | The Macomb Daily | | Edison Schools claim equipment held hostage |
| July 16, 2002 | | New York Times | | Complex Calculations on Academics |
| July 9, 2002 | | San Francisco Chronicle | | For-profit schools get mixed grades |
| July 9, 2002 | | San Francisco Chronicle | | Balance sheet doesn't back up Edison's grand boasts |
| July 3, 2002 | | Las Vegas Sun | | Edison Schools makes deal to pay debt |
| July 3, 2002 | | Delco Times | | Edison wants more money from Chester Upland |
| July 3, 2002 | | York Daily Record | | Audit shows loss for charter school |
| June 27, 2002 | | Oakland Press | | Officials critical of warning from state's schools chief |
| June 27, 2002 | | Talking Points Memo | | Edison Schools |
| June 25, 2002 | | Detroit News | | Edison Schools shaky, state says |
| June 19, 2002 | | Wall Street Journal | | Dallas Schools Weigh Keeping Contract With Edison |
| June 18, 2002 | | Detroit Free Press | | Mt. Clemens, firm to dissolve contract |
| June 16, 2002 | | Boston Herald | | Charters leave their roots: Schools part ways with for-profits |
| June 14, 2002 | | Boston Globe | | Wall Street and education don't mix |
| June 9, 2002 | | San Francisco Chronicle | | For-profit Edison Still in the Red |
| June 4, 2002 | | Wall Street Journal | | Lenders Receive Warrants for 17% of Edison Schools, CEO Says |
| June 3, 2002 | | Wall Street Journal | | Edison Won't Get Contract to Manage 19 Philadelphia Schools |
| June 2, 2002 | | Lansing State Journal | | Lansing schools, charters coexist |
| June 2, 2002 | | New Haven Register | | ACES to take over Wintergreen |
| May 30, 2002 | | Flint Journal | | Edison problems put future in Flint into question |
| May 29, 2002 | | SF Bay Guardian | | Edison's epic collapse |
| May 29, 2002 | | San Jose Mercury News | | Police charge East P.A. man with lewd act |
| May 29, 2002 | | SF Bay Guardian | | Unchartered territory |
| May 27, 2002 | | TIME | | Trouble for Schools Inc. |
| May 26, 2002 | | New York Times | | Public Schooling for Profit |
| May 21, 2002 | | Dayton Daily News | | Charter school’s loan called illegal |
| May 20, 2002 | | New York Times | | Philadelphians Jittery Over Plan to Privatize 20 Schools |
| May 16, 2002 | | Las Vegas Review-Journal | | Edison misses payment of philanthropic funds |
| May 15, 2002 | | New York Times | | Operator of Public Schools in Settlement With S.E.C. |
| May 14, 2002 | | U.S. Securities and Exchange Commission | | Edison Schools Settles SEC Enforcement Action |
| May 14, 2002 | | Delco Times | | Edison earns failing grades in Chester |
| May 14, 2002 | | New York Times | | Woes for Company Running Schools |
| May 7, 2002 | | The Detroit News | | Inkster's children deserve better chance at education |
| May 7, 2002 | | San Francisco Examiner | | Edison: From frying pan to fire |
| May 6, 2002 | | New York Post | | Edison Schools Flunks |
| May 2, 2002 | | Barron's | | Can Edison Rewrite the Philadelphia Story? |
| Spring, 2002 | | Rethinking Schools | | Edison's Elusive Profits |
| April 30, 2002 | | New York Daily News | | Edison Schools Is Flunking with Investors |
| April 26, 2002 | | Harvard Crimson | | Keep public schools public |
| April 23, 2002 | | Detroit News | | Inkster board gets an earful |
| April 20, 2002 | | York Daily Record | | Edison ready to work with city |
| April 19, 2002 | | CBS MarketWatch | | Correction: Edison Schools |
| April 19, 2002 | | New York Times | | At 42 Newly Privatized Philadelphia Schools, Uncertainty Abounds |
| April 18, 2002 | | San Jose Mercury News | | Reaction to child's charge criticized |
| April 16, 2002 | | Albuquerque Tribune | | Teachers have been the answer all along |
| April 14, 2002 | | Albuquerque Tribune | | Schools won't profit from privatization |
| April 12, 2002 | | Albuquerque Journal | | Facts Don't Support Privatizing Our Schools |
| April 12, 2002 | | Education News | | SRC Going In Wrong Direction, Fattah Says |
| April 10, 2002 | | Detroit News | | Inkster schools face state takeover |
| April 6, 2002 | | Kansas City Star | | Rape reported at Westport Edison Senior Academy |
| April 3, 2002 | | Education Week | | Takeover Team Picked in Philadelphia |
| March 27, 2002 | | New York Times | | Edison Gets a Share of Philadelphia Contracts |
| March 26, 2002 | | Philadelphia Federation of Teachers | | Statement by Ted Kirsch On the School Reform Commission's Choice of Csonsultants |
| March 19, 2002 | | The Delco Times | | Chester Upland eyes cost cuts |
| March 19, 2002 | | The Keystone Research Center | | Fuzzy Math in Philadelphia: Edison Overstates Savings Possible Through Outsourcing School District Maintenance and Operations Work |
| March 13, 2002 | | Philadelphia Inquirer | | Patience, Please |
| March 6, 2002 | | Education Week | | Why the profit motive isn't the miracle solution for public schools: The Blueberry Story |
| March 4, 2002 | | New York Times | | Fighting the Culture of Poverty in a Worst-Case School |
| February 25, 2002 | | Austin Independent School District | | Statement by the AISD Superintendent of Schools Regarding the Edison and KIPP Proposals |
| February 24, 2002 | | New York Times | | Edison Faces Tough Sledding In the Philadelphia Takeover |
| February 20, 2002 | | Austin Independent School District | | Recommendations to the Superintendent from the DAC, Regarding Edison and KIPP Proposals |
| February 17, 2002 | | New York Times | | Buying in to the Company School |
| February 14, 2002 | | Education News | | Education's Enron |
| February 13, 2002 | | Detroit Free Press | | Inkster, Edison At Odds Again |
| February 13, 2002 | | Bloomberg News | | Edison Boosts Revenues With Funds Not Received |
| February 6, 2002 | | Associated Press | | Report: Co.'s School Data Overstated |
| February 5, 2002 | | Philadelphia Daily News | | Reform Panel Warned Not to Hire Edison |
| February, 2002 | | Multinational Monitor | | Business Goes to School: The For-Profit Corporate Drive to Run Public Schools |
| January 30, 2002 | | Topeka Capital-Journal | | Board Takes Back Edison-Run School |
| January 28, 2002 | | Public School Notebook | | Lawyer's discussions with Edison trigger new charges of preferential treatment |
| January 14, 2002 | | PR Newswire | | Fattah Calls on Senate Education Committee to Hold Hearings on Edison |
| January 6, 2002 | | Pittsburgh Tribune Review | | Edison set to run elementary charter school |
| January 4, 2002 | | Denver Post | | No easy remedy in Philly |
| January 2, 2002 | | Philadelphia Daily News | | Doubting Edison and the School Privateers |
| December 23, 2001 | | Topeka Capital-Journal | | Official at Edison School in Wichita Removed Over Testing Fraud Claims |
| December 19, 2001 | | The Times | | State closes book on city charter school |
| December 13, 2001 | | Philadelphia Daily News | | Edison turns light on itself with ads |
| December 13, 2001 | | Philadelphia Inquirer | | Edison's Share of City School Deal: $101 Million |
| December 12, 2001 | | Philadelphia Daily News | | New nonprofit study blasts Edison's report |
| December, 2001 | | School District of Philadelphia | | Setting the Record Straight: A comparison of school progress... |
| November 26, 2001 | | Philadelphia Business Journal | | Edison's risk factors |
| November 12, 2001 | | Philadelphia Business Journal | | Edison should take heed |
| November 9, 2001 | | Philadelphia Public School Notebook | | Update: Is Edison overstating its test score gains? |
| November 5, 2001 | | Macon Telegraph | | Schools' woes may cause Bibb to revisit Edison contract |
| August 23, 2001 | | NUVO | | The Case of the Backfiring Jalopy |
| July 5, 2001 | | Reuters | | Edison Schools' Executives Go Back to Class |
| June 1, 2001 | | Abilene Reporter-News | | Dallas School Accused of Helping Students Cheat on TAAS |
| May, 2001 | | Mother Jones Magazine | | Reading Writing and Revenue |
| April 20, 2001 | | Detroit Free Press | | Pontiac school officials grading Edison poorly |
| April 11, 2001 | | Goldsboro (N.C.) News-Argus | | North Carolina District Votes to End Edison Contract |
| April 4, 2001 | | San Francisco Bay Guardian | | Edison's Cheerleaders |
| April 4, 2001 | | San Francisco Bay Guardian | | Cashing In On Kids |
| March 28, 2001 | | San Francisco Bay Guardian | | School of Fisher |
| March 14, 2001 | | San Francisco Bay Guardian | | Media Ignorance Hurts Students |
| February 16, 2001 | | Detroit Free Press | | Inkster School Board Finds Edison Partnership Rocky |
| February 7, 2001 | | San Francisco Bay Guardian | | Full-Court Press |
| October 24, 2000 | | Detroit Free Press | | Report criticizes charter schools |
| October 4, 2000 | | San Francisco Bay Guardian | | Attorney General Investigates Fisher Charity |
| September 5, 2000 | | Barron's | | Edison Stock May Need to Go Back to School |
| August 31, 2000 | | Shepherd Express Metro | | City's First For-profit School Fires Up for Business |
| August 23, 2000 | | San Francisco Bay Guardian | | Fisher Nonprofit Nets Millions from Edison Inc. Stock Deal |
| July 19, 2000 | | San Francisco Bay Guardian | | Edison Exodus |
| July 19, 2000 | | San Francisco Bay Guardian | | How Our Public Schools Went Public |
| June 6, 2000 | | TheStreet.com | | Lessons on Profitability (or the Lack Thereof) From Edison Schools |
| January 27, 2000 | | Dallas Observer | | No Class |
| January 26, 2000 | | Ed Week | | Edison Renews Four Contracts, Cuts Ties Elsewhere |
| November 25, 1999 | | Shepherd Express Metro | | A Wall Street Yawner |
| November 11, 1999 | | TheStreet.com | | School Daze: Edison Schools |
| October 20, 1999 | | City Pages | | Reading, Writing, and Revenue |
| September 6, 1999 | | Business Week | | Chris Whittle's New IPO Deserves a D- |
| October 28, 1998 | | San Francisco Bay Guardian | | School for Scandal |
| August 12, 1998 | | San Francisco Bay Guardian | | The Fisher King |
| March 24, 1997 | | Worcester Telegram & Gazette | | Charter schools facing scrutiny over special ed |
| October 16, 1995 | | Business Week | | Live by the Hype, Die by the Hype |
Related Research
Edison Stock
Edison Co. stock was publicly traded on the NASDAQ under the symbol "EDSN".
Use these links to find out more about the company's financial dealings,
what they told their stockholders, and what they disclosed to the SEC.
Links to online stock bulletin boards can provide insight into what investors
and potential investors are saying about Edison.
| Annual Report to the SEC for Fiscal Year Ended June 30, 2001 (10-K) | | The section entitled "Additional Risk Factors That May Affect Future Results" starts on page 38. |
| Proxy Statement to Shareholders (DEF-14A) dated October 26, 2000 | | This statement to shareholders contains much information not available within the 10K, including compensation of top executives, details of the loans the company made to Whittle, Schmidt, and other top executives, a $200,000 payment made to Global Lyceum (a cmpany controlled by Edison President Floyd Flake) and details of the employee stock option plan, including options for teachers. |
| Proxy Statement to Shareholders (DEF-14A) dated October 26, 2001 | | The most recent statement to shareholders |
| A complete list of all Edison's SEC filings available online | |
| Yahoo Finance Edison Page | | Latest stock price and transactions, links to lists of insiders and their trading activity, historical quotes (high, low, and closing price for dates in the past), and their message board, where investors and others trade opinions and share information |
| Yahoo Finance Edison Message Board | | Direct link to the Yahoo Message Board |
| Interesting posts from the above board | |
| Lycos Raging Bull Edison Page | | Similar page operated by Lycos, including their message board |
Links
Shareholder Lawsuits Filed Against Edison Since May 1, 2002
|