Send a Tweet
Most Popular Choices
Share on Facebook 3 Share on Twitter Printer Friendly Page More Sharing
General News    H4'ed 7/7/16

Chinese Investors Finance Low-Quality Charter School in North Carolina by Diane Ravitch

Quicklink Submitted By     (# of views)   2 comments, 5 series
Author 40790
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (24 fans)

Presenting Saxo Bank
Copyrighted Image? DMCA

Chinese investors put up $3 million to start up a new charter school in No.Carolina. They did it in exchange for green cards!  No. Carolina opened itself to rapid charter school expansion, so a growing number of startup schools are turning to charter-school finance companies to pay for facilities. This means tax money from is flowing across the country and around the globe to repay debts and cover outsourced services. The $3 million came through the EB-5 program, which provides green cards to foreign investors who create U.S. jobs. Although charter school salaries are paid with public money, an Arizona-based company called Education Fund of America offers the opportunity to invest in charter schools, claim the job-creation visa benefit and rely on government support of such schools to secure the investment. Is a foreign-financed charter school a public school?

Read the rest of the story HERE:

At dianeravitch.net

 

- Advertisement -

Must Read 1   Well Said 1   Supported 1  
Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEdNews Newsletter
Name
Email
   (Opens new browser window)
 

Other Series: View All 522 Articles in "DON'T MISS THIS!"

Other Series: View All 191 Articles in "Ending democracy: end the institution of public schools"