Broad Foundation's education reform efforts draw criticism

Eli Broad, a billionaire who made his fortune first in the post-World War II housing boom and later in insurance, is spending a good chunk of his fortune on education reform - steadfast in his belief that applying the same data-driven, free-market principles that made him so wealthy can also make U.S. schools great again. But, The Philadelphia Daily News reports, some critics say Broad's education reform efforts through the Broad Foundation may be harming the kinds of schools he's trying to help--the public schools that once trained first- and second-generation Americans like him.