Secretary of Education Linda McMahon announced an increase of $60 million to the Federal Charter Schools Program, bringing the annual total to $500 million to open new charter schools or expand existing ones.
This decision ignored research produced by the Network for Public Educatuon, showing that $1 billion had been wasted on grants to charter schools that never opened; that 26% of federally funded charter schools had closed within their first five years; and that 39% had closed by year 10.
The charter sector has been riddled with waste, fraud, and abuse.
See the following reports:
Charter failures
The Failure of the Federal Charter Schools Program:
CSP https://networkforpubliceducation.org/stillasleepatthewheel/
OIG report on CSP https://oig.ed.gov/reports/audit/effectiveness-charter-school-programs-increasing-number-charter-schools
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