In this report, we focus on the world of charter schools run for profit, a world both hidden and misunderstood. We pull back the veil on tactics and practices designed to reap as many public dollars as possible from charter schools while hiding behind laws designed to keep profit-making hidden from the public’s eyes. This report exposes how both large and small for-profit companies evade state laws that make for-profit charter schools illegal by the use of related entities and a nonprofit front. We explain and provide examples of how for-profit owners maximize their profits through self-dealing, excessive fees, real estate transactions, and under-serving students who need the most expensive services.
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READ THE COMPLETE REPORT: Chartered for Profit: The Hidden World of Charter Schools Operated for Financial Gain - Network For Public Education