Showing posts with label Foreigner investment. Show all posts
Showing posts with label Foreigner investment. Show all posts

"Build a charter school, get a green card"

“The new U.S.visa rush: Build a charter school, get a green card.” Reuters, 10/12/2012

It's been a turbulent period for charter schools in the United States, with financial analysts raising concerns about their stability and regulators in several states shutting down schools for poor performance.

The volatility has made it tough for startup schools to get financing.

But an unlikely source of new capital has emerged to fill the gap: foreign investors.

Wealthy individuals from as far away as China, Nigeria, Russia and Australia are spending tens of millions of dollars to build classrooms, libraries, basketball courts and science labs for American charter schools...