This post was shared by Jim Bauer on JointheFuture.org. Here is a portion below:
"These private charter management companies collect the money from the state and then distribute them to their affiliated charter schools. White Hat is the largest for-profit charter in Ohio with 15 affiliated charter schools, despite the fact that only 2 percent of its students are achieving the expected level as determined under federal education law. At the present time 10 of its own schools are suing, complaining that White Hat students are failing, and the company is refusing to account for how it has spent the money. They refuse to account for how much money they make as a profit"
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Charter Schools and Our Tax Dollars
"These private charter management companies collect the money from the state and then distribute them to their affiliated charter schools. White Hat is the largest for-profit charter in Ohio with 15 affiliated charter schools, despite the fact that only 2 percent of its students are achieving the expected level as determined under federal education law. At the present time 10 of its own schools are suing, complaining that White Hat students are failing, and the company is refusing to account for how it has spent the money. They refuse to account for how much money they make as a profit"
Continue Reading:
Charter Schools and Our Tax Dollars