ERIC Number: ED612859
Record Type: Non-Journal
Publication Date: 2021
Pages: 53
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-
EISSN: N/A
Chartered for Profit: The Hidden World of Charter Schools Operated for Financial Gain
Burris, Carol; Cimarusti, Darcie
Network for Public Education
In this report, we focus on the world of charter schools run for profit, a world both hidden and misunderstood. We pull back the veil on tactics and practices designed to reap as many public dollars as possible from charter schools while hiding behind laws designed to keep profit-making hidden from the public's eyes. This report exposes how both large and small for-profit companies evade state laws that make for-profit charter schools illegal by the use of related entities and a nonprofit front. We explain and provide examples of how for-profit owners maximize their profits through self-dealing, excessive fees, real estate transactions, and under-serving students who need the most expensive services.
Descriptors: Charter Schools, Proprietary Schools, State Legislation, Laws, Educational Finance, Corporations, Low Income Students, Federal Legislation, At Risk Students, Students with Disabilities, English Language Learners, Enrollment, Public Schools
Network for Public Education. 225 East 36th Street, Apartment 10-O, New York City, New York 10016. Tel: 646-678-4477; e-mail: info@networkforpubliceducation.org; Web site: https://networkforpubliceducation.org/
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Network for Public Education (NPE)
Grant or Contract Numbers: N/A