Sentences with phrase «profit charter school management companies»

Governor Rick Scott and his education advisor, Michelle Rhee, believe that billions of public school dollars are better spent on for - profit charter school management companies (CMOs).

Last week, the General Assembly approved legislation that allows private, for - profit charter school management companies to keep their employees» salaries secret, even though they are paid with public funds.

But for - profit charter school management companies are playing politics in Albany.

The UFT is hitting the airwaves today with a 60 - second radio spot that slams for - profit charter school management companies as «more interested in making money and ducking accountability than fighting for our kids» and spending «millions on false attacks against teachers and public schools.»

Not exact matches

WHEREAS Klinsky is also a founder of the Great Oaks Foundation, a not - for - profit educational company established after New York State amended its charter law to prohibit for - profit charter management of new charter schools, which is sponsoring charter schools in New York and New Jersey; and

WHEREAS Wall Street financier and private equity fund manager Steven Klinsky is the founder of Victory Education Partners, Inc., a privately held, for - profit educational management company that manages charter schools in New York, Pennsylvania and Illinois; and

A new education management company, led by the former head of a global electric company, has acquired Chancellor Beacon Academies, the nation's second - largest for - profit manager of charter schools.

In less than four years, White Hat Ventures LLC, the company Mr. Brennan founded to operate charter schools, has become Ohio's largest for - profit education management company.

The paper reported that «charter schools have become a parallel school system unto themselves, a system controlled largely by for - profit management companies and private landlords — one and the same, in many cases — and rife with insider deals and potential conflicts of interest.»

The Plato Academy charter application is from an out - of - town charter company with an out - of - town school board run by a for - profit management company.

In a prior version of SB 793, the bill simply required charter schools to publicly disclose all employees» salaries, without making note of whether or not they were employed by the for - profit management company.

The at - time unctuous, election - year parent trigger debate is pitting teachers» unions and parent groups against charter schools and for - profit management companies throughout the nation.

The last - minute changes to the legislation come at a time when one prominent Wilmington - based charter school operator, Baker A. Mitchell, Jr., has been fighting media requests for months that have asked him to fully disclose the salaries of all employees associated with his charter schools — teachers as well as employees of his for - profit education management company, Roger Bacon Academy.

The Sarasota school board will vote today on a proposed Pinecrest charter run by the for - profit management company Academica.

But over the last decade, the charter school movement has morphed from a small, community - based effort to foster alternative education into a vehicle for privatizing public education, pushed by free - market foundations, big education - management companies, and profit - seekers looking for a way to cash in on public - education funds.

Leaders talked lawsuits, school closures and even outright defiance of the takeover plan, which could allow for - profit charter management companies to seize control of several low - performing, public schools in the coming years.

In her report, Wang finds the four charter schools Mitchell was instrumental in creating all hired the same for - profit management company, Roger Bacon Academies, which is also owned by Mitchell.

Here are a few examples: the for - profit company will install their own handpicked boards that in turn hire the company for «management,» and these fees routinely cost up to 15 % of the school's FTE; the for - profit company will demand that parents purchase supplies directly from the school itself, which is often another LLC that charges exorbitant rates for the basics; in many cases, the biggest part of the scam is one LLC (e.g. Red Apple Development, the construction arm of Charter Schools USA) will purchase land to build the school on and then turn around and charge the school (read: taxpayers) rent that is substantially higher than the going rate / property value, sometimes as high as a million dollars a year.

However, the distinction between for - profit and nonprofit is often messier than groups like NAPCS readily admit: Nonprofit charters can still hire for - profit management companies to run their schools.

Only 7 % of schools contract with for - profit management companies, and these contracts must be reviewed by the charter school's authorizer.

According to Nelson, many North Carolina charter schools are turning to for - profit management companies like CSUSA to help overcome financial problems of starting a school.

As the Charlotte Observer reports, in the first four years after the state's cap on charters was lifted, «the number of North Carolina charter schools run by a for - profit management company... more than doubled, from eight to 17.»

And I'm not talking just about the for - profit management companies that run a lot of these charter schools.

Charters must be run by non-profit operators (this is always a little deceptive, because in many states, a for - profit management company can set up a non-profit front group, which then turns over management of the school to the for - profit company) and must be nonsectarian.

It will be a new kindergarten through eighth - grade school run by Fort Lauderdale - based Charter Schools USA, a for - profit management company that operates another 47 charters in the state and has five new schools opening thiSchools USA, a for - profit management company that operates another 47 charters in the state and has five new schools opening thischools opening this fall.

«Millions of public dollars have flowed through the nonprofit schools to Mitchell's for - profit charter - management firm and another company he owns.

• Some schools have ceded almost total control of their staff and finances to for - profit management companies that decide how the schools» money is spent... • Many management companies also control the land and buildings used by the schools — sometimes collecting more than 25 percent of a school's revenue in lease payments, in addition to management fees... • Charter schools often rely on loans from management companies or other insiders to stay afloat, making charter school governing boards beholden to the managers they oveCharter schools often rely on loans from management companies or other insiders to stay afloat, making charter school governing boards beholden to the managers they ovecharter school governing boards beholden to the managers they oversee...

Charter schools have become a parallel school system unto themselves, a system controlled largely by for - profit management companies and private landlords — one and the same, in many cases — and rife with insider deals and potential conflicts of interest.

The crowd booed, so Mrs. Clinton pivoted to deriding «for - profit charter schools,» a fraction of the market whose grave sin is contracting with a management company.

Philadelphia is imploding — any day now the charter school management companies that are «losing» profits will pack up, as they do and have done in the Recovery District — , teachers are losing jobs, unemployment is soaring — and yet that Vallas Disaster is held up as a success??? We are sick of your snake oil!

And there is something unquestionably «predatory» about how for - profit management companies sell families in lower - income neighborhoods on charter schools.