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Why Do Schools Pay Different Prices for the Same Stuff?
Tuesday, June 13, 2017 @ 3:00 pm - 4:00 pm EDT
Presented by Dr. Peter Crosta, VP of Data Science, Noodle Markets
Sponsored by Noodle Markets
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Price transparency in K-12 has not historically been top-of-mind for education innovators, despite federal and state regulations governing competitive bidding and recent advancements in the “edfintech” (education financial technology) space.
New research from The Noodle Markets Reports, which appear regularly on Education Week, examines spending disparities among districts of differing socioeconomic statuses—for the same goods. Initial reports looked at data around instructional resource purchases in K-3 math, K-3 ELA, and 6-8 math. Company market share trends in these categories do not appear to be associated with relative pricing. The latest research looks at paired products purchased across districts. Is pricing consistent?
In this edWebinar, Dr. Peter Crosta presents insights into reasons for pricing disparities and initiatives to increase transparency. Learn about competitive purchasing practices, state-negotiated purchasing contracts, district-approved vendor lists, and minimum bidder requirements. K-12 stakeholders of all levels will learn about the procurement process and promising new efforts to innovate.
About the Presenter
Peter Crosta, VP of Data Science, Noodle Markets, is responsible for managing and executing data science initiatives. Prior to joining Noodle Markets, he was VP of Research & Development at Noodle.com and Director of Research at 2U, Inc. Peter has published numerous articles on the economics of education in peer-reviewed journals and has presented at several academic and industry conferences. He holds a BA in economics from Cornell University and a Ph.D. in economics and education from Columbia University. In his spare time, Peter enjoys sailing his sloop Adagio in the New York Bay.
About the Host
Brent Lomas is a former classroom teacher and policy researcher. He now develops Noodle Markets’ marketing strategy, including editorial, collateral, and social channels. Prior to joining the team, Brent worked in Broadway advertising at SpotCo and contributed to BuzzBuzzHome’s news wing, specializing in NYC housing development and legislation. He serves on the advisory boards of En Garde Arts and Circle in the Square’s Teens on Broadway program. A Teach for America alum, Brent taught at Aspire Public Schools and Harlem Village Academies. He received his BA in communication from the University of Southern California and his M.Ed. in Urban Schooling from the University of California, Los Angeles.
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Noodle Markets is K-12’s national market network. We help districts and schools achieve transparency, speed, and control in K-12 purchasing. The most comprehensive database of education vendors, products, and services empowers research and purchasing confidence. Digital collaboration tools and consistent vendor responses mean easy evaluation in less time. Straightforward data from across your district and a robust pool of K-12 vendors generates increased competition and bottom line savings.