Comment by pjscott
Why would parents send their children to those schools? Never mind who owns them; I would expect the kind of hypothetical schools you’re describing to go bankrupt quickly. Private equity is not in the business of losing money in predictable ways.
Same reason parents send their kids to public schools: because the price is right. Since we're importing legions of indentured servants, wages aren't rising, and parents have to make tough decisions in order to pay for basic necessities.
A thriving education system is an indicator of a prosperous society, not a cause.