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Saturday, January 2, 2021

Nevada: Charter Schools Cashed in on PPP Money | Diane Ravitch's blog

Nevada: Charter Schools Cashed in on PPP Money | Diane Ravitch's blog
Nevada: Charter Schools Cashed in on PPP Money




Last spring, you may recall, the CARES Act included $13.2 billion for public and charter schools. In addition, $660 billion was allocated to the Paycheck Protection Program (PPP) for small businesses and nonprofits that were struggling to survive due to the pandemic. Public schools were not allowed to apply for PPP. However, many charter schools learned through their lobbyists that they could apply for PPP. In other words, they double-dipped. They took the $134,500 or so that was available in the initial allotment for each public school. Then they went to the PPP and took another bite, which was far bigger than the funding allowed to public schools.

Which raises the interesting question: Are charter schools “public schools” or are they small businesses or private nonprofits? After all, public schools were not allowed to ask for PPP money, but over a thousand charter schools struck gold.

Nevada has a reputation for some of the worst charter CONTINUE READING: Nevada: Charter Schools Cashed in on PPP Money | Diane Ravitch's blog