Jim Shelton
 |
Jim Shelton | |
|---|---|
 | |
| United States Deputy Secretary of Education | |
| In office May 2013 – January 4, 2015 | |
| President | Barack Obama |
| Preceded by | Anthony W. Miller |
| Succeeded by | Mick Zais |
| Personal details | |
| Political party | Democratic |
| Education | Morehouse College (BS) Stanford University (MEd, MBA) |
James H. Shelton III was most recently[1] the head of the Chan Zuckerberg Initiative's Education division.[2] He was formerly the Deputy Secretary of the United States Department of Education.[3] In this role, he oversaw a broad range of management, policy, and program functions.
Previously, he served as Assistant Deputy Secretary of the United States Department of Education, overseeing the Office of Innovation and Improvement, managing a portfolio that included most of the Department's competitive programs, such as the Investing in Innovation Fund (i3), Promise Neighborhoods, and others focused on teacher and leader quality, school choice, and learning technology.[4]
2U
[edit]Shelton served as Deputy Secretary of Education from 2013 to 2014. In 2015, he joined a company called 2U. 2U sells technology to public and nonprofit colleges. The technology helps the colleges offer online degrees.[5]
When Shelton worked at the Department of Education, the department pursued a regulation called the "gainful-employment rule." The rule withholds student loans from students at for-profit colleges that don't show a government-chosen level of "post-graduation success."[5]
A loophole exists in the gainful-employment rule: public and non-profit colleges are exempt. These colleges are now Shelton's customers at his job at 2U.[5]
Earlier career
[edit]Earlier in his career, Shelton served as program director for education at the Bill & Melinda Gates Foundation, where he managed portfolios ranging from $2 to $3 billion in non-profit investments targeting increased high school and college graduation rates. Shelton has served as the East Coast lead for NewSchools Venture Fund, and also co-founded LearnNow, a school management company that later was acquired by Edison Schools.[6] After four years in Atlanta with McKinsey & Company advising CEOs and other executives on issues related to strategy, business development, and organizational design and effectiveness, he left as a senior manager to join Knowledge Universe, Inc. There he launched, acquired, and operated education-related businesses.[7]
Education and personal
[edit]Shelton holds a bachelor's degree in computer science from Morehouse College as well as master's degrees in business administration and education from Stanford University. Shelton currently resides in his hometown, Washington, D.C., with his wife Sonia and their two sons.[8]
References
[edit]- ^ "Jim Shelton to Leave Chan Zuckerberg Initiative". EdSurge. 2018-07-11. Retrieved 2018-07-11.
- ^ "Mark Zuckergberg's Foundation Has a New Chief On The Education Front". Fortune. 2016-05-04. Retrieved 2016-11-15.
- ^ "Jim Shelton Leaving Department of Education (EdSurge News)". EdSurge. Retrieved 2016-11-15.
- ^ "Speaker: Jim Shelton: Gov 2.0 Summit 2010 - Co-produced by UBM TechWeb & O'Reilly Conferences, September 07 - 08, 2010, Washington, DC". www.gov2summit.com. Retrieved 2016-11-15.
- ^ a b c "The Obama Education Profit Seekers". The Wall Street Journal. 25 March 2016. Retrieved 5 April 2016.
- ^ "No. 2 U.S. education official heads for exit". Washington Post. Retrieved 2017-03-23.
- ^ Newton, Edmund. "The Root 100 Close-Up: James Shelton". The Root. Retrieved 2017-03-23.
- ^ "James H. Shelton, III, Deputy Secretary—Biography". www2.ed.gov. 15 January 2015.
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