Power of Story
Send a Tweet        
- Advertisement -

Share on Google Plus Share on Twitter 1 Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (1 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   1 comment, 7 series

Are charter schools the new mortgage crisis - Business Insider

Quicklink submitted By   Follow Me on Twitter     Message Susan Lee Schwartz     Permalink
Related Topic(s): ; ; ; ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com Headlined to H3 9/5/16

The charter-school industry — consisting of schools that are funded partly by tax dollars but run independently — may be heading toward a bubble similar to that of the subprime-mortgage crisis, according to a study published by four education researchers.The study, "Are charter schools the new subprime loans?" warns of several factors that appear to be edging the charter industry toward a bubble premeditated by the same factors that encouraged banks to start offering risky mortgage loans.With the mortgage crisis, loan origination changed from an originate-to-hold model to an originate-to-distribute model. The OTD model allowed banks to sell mortgages into the secondary market, where they were bundled up and sold by the government-sponsored enterprises.In both the mortgage crisis and the charter industry, these business-model changes essentially transfer the risk to a third party.

Read the rest of the story HERE:

At www.businessinsider.com

- Advertisement -
- Advertisement -

Other Series: View All 390 Articles in "lies & propaganda:: the rant"

Other Series: View All 413 Articles in "Public ignorance & those who use this"

Other Series: View All 326 Articles in "Shameful"

Other Series: View All 54 Articles in "WEALTH"