ICYMI, Brunswick County Public Schools official Jessica Swencki has a great essay in this morning’s edition of Raleigh’s News & Observer in which she explains what’s really driving a large and growing segment of the charter school movement: private, for-profit companies out to milk the public coffers.
“In North Carolina, charter schools are operated by ‘nonprofit’ corporations, which are not subject to the same laws that demand public accountability for state and local tax dollars. These ‘nonprofit’ corporations can be subsidiaries of larger for-profit corporations – all the nonprofit corporation needs is a ‘board’ of purportedly earnest, well-intentioned people during the application process. Once the charter is granted, there is very little to stop the potential exploitation of our state’s limited public education resources.
In fact, one doesn’t have to look any further than the Eastern part of the state for a case study in how savvy companies use this loosely regulated system to pocket millions of taxpayer dollars.
Click here to read the rest of Swencki’s explanation of how this scam works.