Send a Tweet
Most Popular Choices
Share on Facebook 4 Share on Twitter 1 Printer Friendly Page More Sharing
General News   

Loosely regulated, charter schools pose fiscal risk;by Jonathan Pelto

Quicklink Submitted By   1 comment
Follow Me on Twitter     Message Susan Lee Schwartz
Become a Fan
  (23 fans)
Taxpayers spend 3.3 billion on Charter Schools
Taxpayers spend 3.3 billion on Charter Schools
(Image by emmys.com)
  Details   DMCA

"While the subprime mortgage crisis remains the epitome of what occurs when greed and corruption go unchecked,experts and observers warn that a new economic scandal is taking shape.  The federal government spent more than $3.3 billion over the past two decades on the creation and maintenance of the charter school industry." Business Insider" observed that evidence supports the theory that charter schools are America’s new subprime mortgages; Inspector General (OIG) released the results of a damning audit.  In most states, charters have little or no oversight, even though they are funded by taxpayers. With more than 6,700 charter schools spread across 42 states and DC, fraudulent activities associated with the publicly funded, but privately owned, charter school industry have become the fodder for almost daily news stories. Charters have gone to court to fight public audits."   

Read the rest of the story HERE:

At thehill.com
Must Read 1   Well Said 1  
Rate It | View Ratings

Susan Lee Schwartz Social Media Pages: Facebook Page       Twitter Page       Linked In Page       Instagram Page

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.
Follow Me on Twitter     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     OpEd News Newsletter
Name
Email
   (Opens new browser window)
 

To View Comments or Join the Conversation:

Tell A Friend