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Friday, August 13, 2010

CHARTER SCHOOL SCANDALS: Chicago charter schools

CHARTER SCHOOL SCANDALS: Chicago charter schools

Chicago charter schools

MANY CHICAGO CHARTER SCHOOLS RUN DEFICITS, DATA SHOWS, August 13, 2010, New York Times (NY)

Even as the Obama administration promotes charter schools as a way to help raise the academic performance of the nation’s students, half of Chicago’s charter schools have been running deficits in recent years, an analysis of financial and budget documents shows, calling into question their financial viability…
But even though Chicago’s charter schools brought in $21 million in private money from foundations, corporations and wealthy individuals in 2007 — the last year for which complet