Solutions that don’t break the bank, reinvent the wheel or marginalize our teachers are within our grasp. We could have rigorous classes, safe and disciplined schools and treat teachers like valued colleagues rather than easily replaceable cogs, and we could do so tomorrow if we wanted. Disclaimer, this is an opinion and commentary site and should not be confused as a news site. Also know that quite often people may disagree with the opinions posted.
Search This Blog
Sunday, October 28, 2012
Diane Ravitch, invest in charter schools, get a green card
From the Diane Ravitch blog
Wealthy investors from around te world are pouring millions of dollars into new charter school construction in the US. In return, they get a green card, thanks to a federal program known as EB-5.
An investor forum in China last spring, for instance, touted U.S. charter schools as a nearly fool-proof investment because they can count on a steady stream of government funding to stay afloat, according to a transcript posted on a Chinese website.
Arizona educator Holly Johnson, who runs three charter schools and plans to open a fourth next year, said she couldn’t believe how easy it was to secure $4.5 million in funding from abroad.
“We didn’t have to do anything at all,” she said, other than open her schools to potential investors. They didn’t ask many questions, she said. Their concern was more basic: “They wanted to come over and make sure it was real.”