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...
A compilation of news articles about charter schools which have been charged with, or are highly suspected of, tampering with admissions, grades, attendance and testing; misuse of funds and embezzlement; engaging in nepotism and conflicts of interest; engaging in complicated and shady real estate deals; and/or have been engaging in other questionable, unethical, borderline-legal, or illegal activities. This is also a record of charter school instability and other unsavory tidbits.
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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
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