It is time to end Chartered4Profit to ensure that children, not corporations, profit from our tax dollars. Read NPE’s new report which exposes the for profit sector. Over one-half of Florida’s charter schools are run by for-profit management companies. Against the law you say?? Well yes, it is. Florida law makers and charter school companies have found away around that issue. The charters are granted to non-profit organizations which then subcontract to for-profit management firms. These firms hire the teachers, manage the books, and control the curriculum. In most cases, the management companies select the charter school board members in the first place. It is a cozy arrangement.
Why is running a charter school so attractive to businessmen and many politicians? There is money to be made particularly in real estate, fees, and side organizations that provide services. Lots of money–your tax money!
The Network for Public Education has done a deep dive into these organizational structures. You can see for yourself how they work. The report focuses on the four largest chains: National Heritage Academies, The Leona Group, Charter Schools USA, and Academica. Two of these were launched in Florida.
When states take action to privatize schools through school choice, they are choosing to take your money to make money. President Biden was quoted in May 2019 saying “I do not support any federal money for for-profit charter schools, period!” Let’s see if he means it.