Charter schools

GOP siphons more money away from low-income schools

In support of their unwise privatization efforts:

The White House on Friday issued a report that said a House Republican plan to revise the Elementary and Secondary Education Act would reduce North Carolina’s federal Title I money for disadvantaged students by an estimated $17 million in 2016 and $220 million over the next five years.

Currently Title I funds are concentrated in schools with large numbers of poor students. The House bill would allow this grant money to follow each low-income child to the traditional or charter public school of the parent’s choice.

The emergence of this legislation during a time when many new charter schools are failing due to fiscal mismanagement is no coincidence. The people behind the curtain in this movement are well aware their "efficiency" leaves something to be desired, so they've been scheming to find various flows of public monies to tap into. And in case you were wondering, yes, this is an ALEC initiative:

New Mecklenburg County charter school closing after only four weeks

Last Spring, Student First Academy closed after only 8 months of formal operation as a charter school reportedly because of financial mismanagement. Today, one of 11 new charter schools in Mecklenburg County, Concrete Roses STEM Academy, has told parents it is shutting its doors after only four weeks of operation. The Charlotte Observer is reporting the suspected reason is insolvency, however, there is no indication it is due to mishandling of funds.

Concrete Roses STEM was one of 11 charter schools approved by the state a year ago for the 2014-15 school year. At the time of its application, the school’s anticipated enrollment was one of the largest for proposed charters in Mecklenburg, with 2,400 students in grades K-12 expected by its 10th year of operation.

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