Here's another way I could make lots of money if I didn't have this pesky sense of ethics: start myself a charter school, take money from the educational system, hire unqualified teachers, and pay myself a handsome salary to run it all. And when the whole thing falls apart just declare the corporation bankrupt and move on.
Charter schools are such a racket, across the nation they are attracting special attention from the FBI, which is working with the Department of Education’s inspector general to look into allegations of charter-school fraud.
“Originally, charter schools were conceived as a way to improve public education,” Buras says. “Over time, however, the charter school movement has developed into a money-making venture.”