MCGRAW HILL CEO ON TRUMP'S EDUCATION SYSTEM AND THE RISE OF AI
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✍️ McGraw Hill, an educational book publisher, is unaffected by the Trump administration's plans to shut down the Department of Education and cut public education funding.
👉 The Trump administration plans to shut down the Department of Education by 2026 👉 The administration has proposed $12 billion in cuts to public education in fiscal year 2026 👉 McGraw Hill's focus on local education and digital offerings makes it less affected by the changes 👉 The company's IPO was met with a lack of enthusiasm due to declining US birth rates and fewer high schoolers signing up for college 👉 AI tools like ChatGPT may lower demand for McGraw Hill's products
-- #SimonAllen #LindaMcMahon #DavidKarnovsky #BrianSozzi #business
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