CURMUDGUCATION: NC: When Charters Become Orphans

CURMUDGUCATION: NC: When Charters Become Orphans

NC: When Charters Become Orphans

The TeamCFA website promises that the foundation exists "to promote the academic growth and success of each student in each TeamCFA school as well as the growth of the entire network. Each school in the TeamCFA network receives long term, meaningful partnership and oversight from the TeamCFA Foundation, with specific regard to academics, business, and governance through the Affiliate Agreement." But apparently "long term" does not mean what you think t means, because organization's leaders have bailed on the North Carolina charters that they helped birth.

So long. Good luck.

TeamCFA is itself the offspring of John Bryan, a retired businessman in his mid-80s who wanted to spread some free market libertarian love. He's not a fan of unions and repeats the old talking point about how spending money on education helps.He has contributed to plenty of conservative groups, but for some reason (people keep asking, but I've never seen a real answer) has particularly fixated on North Carolina, where he threw a lot of money at passage of the Innovative School District law, another version of Tennessee's failed Achievement School District, a system in which the state takes over schools with low test scores and tries to turn them around (or gives them to charter management groups to fix). The North Carolina just skips straight to the "give them to a CMO" part, but as one writer noted, it's a sweet deal.

TeamCFA had its own chain of charters which it helped launch with big six-figure "forgivable loans."

Now, the leadership at TeamCFA has bailed.

Some changes were not unexpected. In 2017, Bryan announced that he was retiring, and TeamCFA would need to find another money tree. TeamCFA fiddled with its business model, but they had CONTINUE READING: CURMUDGUCATION: NC: When Charters Become Orphans