It is a case of a few people having way too much money, and they are wrecking havoc on our public institutions including and especially public education:
The flashpoint of the war being waged by capital and its political allies against the public provision of services is education, especially that which serves poor and minority communities. Billionaires like Bill Gates (Microsoft) and the Walton family (Walmart) have established organizations and contributed enormous sums of money to do two things. First, they seek to revolutionize the way in which students are taught. Here they have achieved great victories, with two presidents enacting sweeping laws: No Child Left Behind and Race to the Top. Both condition federal aid to schools upon what has been described as “teaching to the test.” Literature, art, music, and all critical education are to be sacrificed so that children do well on standardized examinations. Then, how schools and their teachers fare, including whether or not a school continues to exist, depends on students’ scores.
Second, these plutocrat “reformers” want to alter radically the way in which schools are organized. The best way to describe their aim is to say that they want the schools to resemble assembly lines, with students as outputs and teachers as assembly-line-like mechanisms who do not think or instill in their students the capacity to conceptualize critically and become active participants in a democratic society. And this Taylorization of schooling has a military-like component, with pupils expected to react to commands with rote discipline and respond unthinkingly to rewards for appropriate behavior.
"Taylorization" is absolutely right. Then, when the bastards have milked every last dime of the public coffers, the schools will be abandoned, and massive numbers of people will be illerate.