Lately, study after study, report after report is casting doubt on the efficacy of corporate education reform polcies. The ltest comes from The Broader Bolder Approach to Education

Pressure from federal education policies such as Race to the Top and No Child Left Behind, bolstered by organized advocacy efforts, is making a popular set of market-oriented education “reforms” look more like the new status quo than real reform.

Reformers assert that test-based teacher evaluation, increased school “choice” through expanded access to charter schools, and the closure of “failing” and underenrolled schools will boost falling student achievement and narrow longstanding race- and income-based achievement gaps.

KEY FINDINGS
The reforms deliver few benefits and in some cases harm the students they purport to help, while drawing attention and resources away from policies with real promise to address poverty-related barriers to school success:

Test scores increased less, and achievement gaps grew more, in “reform” cities than in other urban districts.
Reported successes for targeted students evaporated upon closer examination.
Test-based accountability prompted churn that thinned the ranks of experienced teachers, but not necessarily bad teachers.
School closures did not send students to better schools or save school districts money.
Charter schools further disrupted the districts while providing mixed benefits, particularly for the highest-needs students.
Emphasis on the widely touted market-oriented reforms drew attention and resources from initiatives with greater promise.
The reforms missed a critical factor driving achievement gaps: the influence of poverty on academic performance. Real, sustained change requires strategies that are more realistic, patient, and multipronged.

That's a troubling litanty of corporate education reform failure. You can read the report, here.