Charter Schools’ Billion-Dollar Fraud Stinks Worse Than We Thought
Earlier this year, when members of Congress repeatedly confronted U.S. Secretary of Education Betsy DeVos about a study finding the federal government’s charter school grant program had wasted an estimated $1 billion on schools that had never opened or opened and quickly closed, she dismissed the findings and accused the report authors of having a “political agenda against charter schools.” On December 10, the organization that published the study DeVos disparaged issued a more detailed examination of waste in the government’s charter grant program and concluded the $1 billion figure was indeed likely not correct—it was an underestimate.
The report “Still Asleep at the Wheel: How the Federal Charter Schools Program Results in a Pileup of Fraud and Waste” by the Network for Public Education (NPE) calculates approximately $1.17 billion in federal funding has been spent on charters that either never opened or that opened and have since shut down. Much of the added waste the study found in the charter program comes from the researchers’ findings that way more of these charters have closed or never opened than originally estimated. Based on its second passthrough of the data, NPE upped the failure rate of taxpayer-funded charter startups from 30 percent to 37 percent.
The new report arrives at an especially critical time in the discussion about charter schools in the Democratic presidential primary.
Vermont Senator Bernie Sanders, one of the four front-runners in the race, has proposed “halting the use of public funds to CONTINUE READING: Charter Schools’ Billion-Dollar Fraud Stinks Worse Than We Thought | OurFuture.org by People's Action
