Jason Stanford, Texas blogger, notes the growing number of scandals associated with “accountability,” and wonders whether school accountability will blow up like Wall Street did in 2008.

He writes:

“Just like AAA ratings on mortgage-backed securities led to Wall Street’s 2008 disaster, a rash of accountability scandals might be precursors to a similar public school crash. After years of promises that test-driven accountability would yield miracles, scandals with school ratings are popping up all over the country. Unless we hold reformers as accountable as they hold students, these scandals could bring down our public school system the same way Wall Street almost innovated our economy back into the Stone Age.”

The incentives for fraud keep getting higher.