In a very horrifying case involving student data, parents of children who were forced to give private information to an outside private entity in order to  comply with Common Core, now find, their data is up for sale,… to the highest bidder whomever that might be….

It appears that calm assurances of total privacy made by governors and Secretaries of Education, don’t stand up in bankruptcy court.  There,… assets are assets, and must be sold.  Student information, it appears is very valuable……

ConnectEDU filed Chapter 11 bankruptcy in April, listing between $10 million and $50 million in liabilities against less than $10 million in assets, according to its petition. Last July, the company was awarded a grant worth nearly $500,000 from the Bill & Melinda Gates Foundation to build an innovative technology platform that would empower students to master Common Core standards

Over 20 million student records are at stake.  Although the bankrupt company ConnectEDU made assurances that its data would be destroyed in the event of a corporate takeover, it’s new owner does not agree… North Atlantic Capital, a Portland, Me.-based venture capital fund, is arguing that as in all bankruptcy sales, previous agreements are null and void….  The data is an asset and should now belong to the new owners… 

The FTC is weighing in on the side of protecting the children… It is arguing that every parent receive a letter and that if the parent checks deleting the data, the new owners will delete the data….   The new owners don’t want to do this…. Just think of 20 million stamps being licked in Boston.

Here is where it stands…

The current law, which has been in effect since Alexander Hamilton, says the data now goes to the new owner who can do with it, whatever he wishes….

The FTC is trying to use moral tactics bullying the investors into doing the right thing…

It could go either way.

All I’m saying here…. is we told you so… Once the genie gets out of the box…. there is no putting her back…..  Once your child’s data goes on to the internet, there is no getting it back.

(Red Clay and Wilmington Charter Schools paid $10,550 this year to ConnectEDU…. and $10,060 the previous year)   Those children’s data is now up for sale.

We told you so….

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