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

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Taxpayers spend 3.3 billion on Charter Schools
Taxpayers spend 3.3 billion on Charter Schools
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"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."   

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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...)

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