The portfolio management models (PMM) has emerged as an important idea in educational governance over the last decade. In PMM systems, a district or other form of authorizer oversees a collection of independent organizations that operate schools according to their particular philosophy and strategic orientation. Yet underlying the design of PMMs…

The educational achievement and attainment of young people in the United States has been a long-standing issue of concern. While analyses of long-term trend data from the National Assessment of Educational Progress (NAEP) show that students in the United States have made gains in reading and mathematics over the past few decades, a sizeable…