This panel discussion will examine the relationship between the changing conditions of the economy and our public education system, at all levels. Our panelists will discuss how the corporate assault attempts to dismantle the educational system, and to remake it under corporate designs in order to conform to conditions of austerity via turnaround schools, school closures, voucherization and charterization of neighborhood schools, cuts to electives and remedial programs, vocationalization of adult education, and corporatization of research universities driving the transformation of education which leads to mass student debt and the disenfranchisement of faculty and staff and students, especially first generation college students of color.