Can you make money from running schools?

In the long running debate about the Tory proposals for so-called “free schools” the party has confirmed they can be run for profit. Firms understood to already be in discussion about managing schools on such terms include Edison Learning, Kunskapsskolan,
and Sweden’s International English School. Meanwhile, a number of firms are applying to join an existing government scheme which would allow them to take over the management of failing schools. Serco, VT Group and Edison all confirmed they have applied to become “accredited schools providers”. Such providers will be able to take over schools following a parental ballot.