Ohio Lawsuit Against Private School Chartering Company by 10 of Its Own Schools and the State
For-profit charters lack transparency. How are public funds being used?
Excerpt from the article:
“Government data suggest that schools with for-profit managers have somewhat worse academic results than charters without management companies, and a number of boards have clashed with managers over a lack of transparency in how they are using public funds.”
by Sharona Coutts
ProPublica, April 6, 2011, 10:09 a.m.
Since 2008, an Ohio-based company, White Hat Management, has collected around $230 million to run charter schools in that state. The company has grown into a national chain and reports that it has about 20,000