...Troubling news stories about the financial workings of charter schools had been leaking slowly into the media stream for some years.
A story that appeared at Forbes in late 2013 foretold a lot of what would emerge in 2014. That post “Charter School Gravy Train Runs Express to Fat City” brought to light for the first time in a mainstream source the financial rewards that were being mined from charter schools. As author Addison Wiggin explained, a mixture of tax incentives, government programs and Wall Street investors eager to make money were coming together to deliver a charter school bonanza – especially if the charter operation could “escape scrutiny” behind the veil of being privately held or if the charter operation could mix its business in “with other ventures that have nothing to do with education...”
Thursday, January 01, 2015
Exposing the charter school lie: Michelle Rhee, Louis C.K. and the year phony education reform revealed its true colors - Salon.com: