While this formula had its flaws, it nonetheless
tied charter school funding to the local district's expenditures, allowing regional cost differences and competitive wages to factor in.
Not exact matches
The report is the first national study of the efficiency of
charter schools relative to traditional public
schools, and to
tie funding to student achievement.
The bill does not address that
funding issue directly, but it
ties the increase in the
charter school cap to approximately $ 1.4 billion in new state spending for K - 12 education overall, phased in over seven years.
Three other corporate education reform industry groups, the Connecticut Coalition for Achievement Now, Inc. (ConnCAN), the Connecticut Council for Education Reform (CCER), and Achievement First, Inc. (the
charter school management company with strong
ties to the Malloy administration,) have spent nearly $ 100,000 more in recent weeks in a lobbying program designed to persuade legislators that it is good idea for them to cut
funding for their own public
schools, while increasing the taxpayer subsidy for the privately run
charter schools.
Many folks were at first bewildered when Sharpton — who has
ties, both financially and ideologically, to teachers» unions» groups — started advocating for
charter schools; they were later shocked, shocked to learn that a mega-billions hedge
fund linked to conservative
school reform had channeled a $ 500,000 donation to Sharpton's National Action Network when the organization was struggling with tax woes.»
He wants states to use
funds to ease limits on
charter schools,
tie teacher pay to student achievement and move for the first time toward common academic standards.
According to The New York Times, the ten highest paid hedge
fund operators with close
ties to
charter schools also includes David Tepper (number 1 at $ 3.5 billion in 2013), founder of founder of Appaloosa Management and New Jersey based «Better Education for Kids»; Steven A. Cohen (number 2 at $ 2.4 billion) of SAC Capital Advisors, which was forced to pay a $ 1.2 billion dollar penalty for insider trading, who has given over $ 10 million to the Achievement First
charter school network; and Paul Tudor Jones II (
tied for tenth at $ 600 million), founder of the Tudor Investment Corporation who has supported
charter schools through his Robin Hood Foundation.
One of them, Shavar Jeffries, president of the Democrats for Education Reform, an influential political action committee supported heavily by hedge
fund managers favoring
charter schools, merit - pay
tied to test scores and related reforms, issued a statement that went so far as to say that the original draft on education was «progressive and balanced» but that the new language «threatens to roll back» President Obama's education legacy.
In a passage starting on p. 160, Ravitch presents the involvement of New York hedge -
fund managers in
charter schools at the beginning of a messy discussion of colocation of
charter schools in New York City, the
ties between
charter schools and tax credits, similar
ties with investment - based visas, real - estate operations with
charter -
school education as a loss leader, and the ideology of profit - motivated
charter -
school model laws pushed by the American Legislative Exchange Council.
They also proposed new federal regulations, to be considered in the reauthorization of No Child Left Behind: that federal
charter -
school funding be
tied to advancing equal opportunity, and that states are required to collect data on recruitment, retention and discipline in
charter schools.
While
charter schools sometimes do receive all - public
funding, that's not always the case: Harlem Children's Zone is a famous example, whose finances are apparently
tied up in a number of real estate deals that give it the money it needs to operate but also make it pretty beholden to a number of financial interests.
Shortly after he was elected with CEA's first endorsement in 2010, the governor of this state disrespected every teacher with his «tenure» comment, then promoted Common Core, supported the corporate education movement through
charter schools, advocated for more and more standardized testing, hired an education commissioner who had absolutely no public
school experience (in fact had
ties to
charter schools), chipped away at teacher security through negative tenure reform, and championed the complete elimination of the state contribution to the retired teacher's health insurance
fund.