The company’s global adjusted operating profit for 2013 topped $1 billion — and 55 percent of it came from the North American education division.
“The line between profit and profiteering can seem pretty fuzzy,” said Cathy Davidson, director of the Futures Initiative and a professor at the Graduate Center at the City University of New York. “If you have an exclusive contract with a massive educational system, is that really just earning a profit, or are you profiting at the public’s expense?” Davidson said. “That’s the line many people, including myself, find very troubling.”
Read more: http://www.politico.com/story/2015/02/pearson-education-115026_Page2.html#ixzz3SWpZPsoT
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