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General News    H4'ed 7/7/16

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

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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?

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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...)

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