On a recent morning, a crowd filled a downtown Detroit courtroom for the sentencing of a 19-year-old ninth-grade dropout caught breaking into a public school, apparently to steal computers. The hearing's main attraction was not the guilty man or the judge but Robert Bobb, the state-appointed emergency financial manager of Detroit's public schools. In the last six months of 2009, Bobb told the court, nearly 500 computers were stolen from schools, costing his system some $600,000. "The Detroit public-school system isn't an electronics store," he said.
This isn't the kind of problem most school chiefs in the U.S. have to worry...