charter schools: the long con

Posted on: Wed, 08/20/2014 - 13:04 By: Tom Swiss

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.

The Con Artistry of Charter Schools

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.”