Wall street funded charter schools really care about our children. Really, they do ;)

You mean that taxpayer subsidy of private charter schools in only in areas where black people live? NYT:

“I’m in favor of a quality education for everyone,” Mr. Stewart said. “In suburban areas like Millburn, there’s no evidence whatsoever that the local school district is not doing its job. So what’s the rationale for a charter school?”

Suburbs like Millburn, renowned for educational excellence, have become hotbeds in the nation’s charter school battles, raising fundamental questions about the goals of a movement that began 20 years ago in Minnesota.

Advocates say many proposed suburban charters have struggled because of a double standard that suggests charters are fine for poor urban areas, but are not needed in well-off neighborhoods.

LOL. ‘Cuz I’m sure charter school movement was created to *help* children learn and not to siphon taxpayer money into private hands. Welcome to the profit motive, suburban utopians.

“Public education is basically a social contract — we all pool our money, so I don’t think I should be able to custom-design it to my needs,” he said, noting that he pays $15,000 a year in property taxes. “With these charter schools, people are trying to say, ‘I want a custom-tailored education for my children, and I want you, as my neighbor, to pay for it.’ ”

Won’t someone think of the children of charter school CEOs?

Luckily, for us these guys, I am sure, are concerned about our children:

Last month a new for-profit investment fund was created, the first of its kind, to finance the construction of charter schools across the United States. Jointly managed by Canyon Capital Realty Advisors ($20 billion in assets) and Agassi Ventures, LLC, owned by Andre Agassi, it plans to buy up undervalued urban land and jumpstart the construction of 75 new charter schools.[1]

This model appears to draw on the wildly successful playbook established by the Michigan-based National Heritage Academies. The for-profit chain is the nation’s second largest charter school management company, at 67 schools with 42,000 students, and profits largely on their usurious building and rent fees

All your tax dollars belong to them!

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