Summary Flashcards

1
Q

Why is education considered a tough market for achieving VC scale returns?

A

Selling into school districts and universities is difficult and slow, and freemium models that go direct-to-teachers have struggled to monetize.

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2
Q

How many k-12 schools in the US?

A

133k as of 2016 according to NCES

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3
Q

How many elementary schools in US?

A

89k as of 2016,NCES

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4
Q

How many secondary schools in US?

A

27,000 as of 2016, NCES

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5
Q

How many combined schools (elementary + secondary) in the US?

A

16.5k

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6
Q

Size of Tutoring Industry

A

$7 billion

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7
Q

How many traditional public schools are there?

A

91k as of 2016, NCES

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8
Q

How many public charter schools are there?

A

7k as of 2016, NCES

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9
Q

How many private schools are there?

A

35k as of 2016, NCES

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10
Q

How many total public schools?

A

98k as of 2017, NCES

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11
Q

How many total public high schools?

A

21k as of 2017, NCES

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12
Q

How many total public junior high schools?

A

2.5k as of 2017, NCES

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13
Q

How many total public middle schools?

A

13k as of 2017, NCES

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14
Q

Middle school definition

A

schools that have grade spans beginning with 4, 5, or 6 and ending with 6, 7, or 8

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15
Q

junior high definition

A

schools with grades 7 and 8 or grades 7 through 9.

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16
Q

Combined School definition

A

schools beginning with grade 6 or below and ending with grade 9 or above

17
Q

2016 Average public school size

A

528, NCES

18
Q

2011 Average public school size

A

520, NCES

19
Q

Average public school size in cities

A

591 students, NCES 2016

20
Q

Average suburban school size

A

656 students, NCES 2016

21
Q

Average Town school size

A

444 students, NCES 2016

22
Q

Average rural school size

A

358 students, NCES 2016

23
Q

What percentage of college students are single mothers?

A

10%

24
Q

TNTP

A

The New Teacher Project

25
Q

E4E

A

Educators for Excellence

26
Q

What percent of teachers have a second job to help make ends meet?

A

67%.

27
Q

CEPR

A

Center for Education Policy Research (Harvard)