Charter Schools Closure Rate Tops 15 Percent:
• Of the approximately 6,700 charter schools that have ever opened across the United States, 1,036 have closed since 1992. There are 500 additional charter schools that have been consolidated back into the district or received a charter but were unable to open.
• There are five primary reasons for charter closures – financial (41.7 percent), mismanagement (24 percent), academic (18.6 percent), district obstacles (6.3 percent) and facilities (4.6 percent).
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