The Purpose of Charter Schools in 21st Century America

Charter schools have a very definite purpose in America today.
Profits. BIG PROFITS.

charter school children

For many people who know the original purposes for creating charter schools, this is a difficult concept to understand. For even more people who believe the torrent of hype disguised as information/news in the media, this is even more difficult to accept. After all, wonderful and powerful people, billionaires, endorse and promote education reform – actually multinational mega-corporation education reform.

Where is the proof that the charters being created in the second decade of the 21st Century are merely greed-grabs compared to the original concept of charter schools from previous decades? Well, they should attend the Capital Roundtable’s ENCORE conference — “Private Equity Investing in For-Profit Education Companies,” being held in New York City on Thursday, July 25th. See HERE.

charter school student

Who will present charters as investments? Well, the event is a lot more that attending a free luncheon at a neighborhood Denny’s Restaurant where a local investment adviser proselytizes his wares. An entire Who’s Who of presenters include:

CHAIRED BY: Avy H. Stein, CEO Willis Stein & Partners LLC
Featuring 20 Expert Speakers, including —
Jay N. Bartlett, The Parthenon Group

Craig F. Cassell, Cushman & Wakefield Inc.
Judith S. Eaton, Council for Higher Education Accreditation
Gregory Ferenbach, Dow Lohnes PLLC
Lincoln E. Frank, Quad Partners LLC
Timothy E. Foster, Concorde Career Colleges Inc.
Anthony J. Guida, Education Management Corp.
Michael B. Goldstein, Dow Lohnes PLLC
Tim Hannegan, Hannegan Landau Poersch Advocacy
David A. Hoverman, The Parthenon Group
J. Michael Locke, Rasmussen College Inc.
Barry F. Malkin, Apollo Global Inc.
Chip Paucek, 2U Inc.
Ralph Protsik, BSG Team Ventures
Andrew S. Rosen, Kaplan Inc.
Joshua N. Schwartz, East Wind Advisors LLC
Matthew J. Shafer, Vision Capital Americas LLC
Sally Stroup, Association of Private Sector Colleges & Universities
Trace Urdan, Wells Fargo Securities LLC
Kim Vender Moffat, Sterling Partners
Susan H. Wolford, BMO Capital Markets Corp.

Hopefully, lots of people will show up – on the sidewalks with angry denunciation posters. Where is the outrage?

Charter school glasses

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About Ken Previti

https://reclaimreform.com/
This entry was posted in greed, privatization, propaganda, Uncategorized and tagged , . Bookmark the permalink.

3 Responses to The Purpose of Charter Schools in 21st Century America

  1. sharsand2013 says:

    Consider joining our coaliton to Overturn Citizens United and Work for Campaign Finance Reform. We have numerous groups in our coalition, each working on their own organization missions but joining together to stop the horrendous abuse of corporations and billionaires in controlling every aspect of our society for profit. As a former special education teacher, with a masters in diagnostic and remedial reading, and an unfinished doctorate in educational psych, I’m horrified at the scam of most charter schools, just as I’m shocked by the corruption in the way universities, insurance companies, and pharmaceuticals often work in collusion for profits over patients, or free trade agreements killing jobs and destroying the middle class. Our coalition in May became the 14th state to pass a resolution with bi-partisan support in Springfield asking Congress to overturn CU and work for campaign finance reform.

    Next Sunday, July 21st, at 2:00 p.m., at the Embassy Suites O’Hare, where we’re having a celebratory event, which is free to the public, all our welcome, talking about the influence of money in politics and how it’s destroying our democracy and our Constitution.

    You can RSVP via Common Cause, one of our member organizations,
    https://www.kintera.org/site/apps/ka/rg/ecreg.asp?c=dkLNK1MQIwG&b=8729365&en=gvKQL8OVJcKPI8PVLgKPK8MQInI9LmO1LpJ3KfNXLoK2IiP3LzF
    or you can email me: sharsand@aol.com if you have trouble with the site and I will complete your RSVP for you

  2. Lois Payette says:

    I’ve been saying this for years. Anyone who works or worked in the Public Education field knows this is the wrong way to go. It’s very questionable as to how these schools will be regulated, whether they will follow mandated courses and teaching methods and especially treatment of children with learning disabilities. Commercial schools will be over populated, children will be neglected because of lack of personal attention and only the almighty dollar will be what counts.

  3. Jennifer DAvis says:

    The impact is just now being known. For the first time the minorities of our school district are now the majority of students enrolled. There are plenty of non-minority children in our community, but they have been enrolled in charter schools, thereby creating a two tier education system, one for the haves and one for the have nots!

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