Last updated on: 3/16/2020 12:31:22 PM PST
Should For-Profit Charter Schools Receive Federal Funding?
About 12% of charter schools in the US are managed by for-profit organizations, accounting for 357 schools and $125 million in federal Charter School Program (CSP) grants between 2006 and 2014, according to a Dec. 2019 report.
Proponents of charter schools say the schools offer an alternative to a crumbling traditional public school system. Opponents say charter schools have little accountability and take federal funds from public schools.
"Charter schools empower families to pursue the right educational fit for their children...
Because of the success of and demand for public charter schools, each year since taking office, I have proposed to increase and improve funding for them as a key part of my Administration's ambitious efforts to expand every family's access to all types of high-quality education opportunities. In my fiscal year 2020 budget request, I called on the Congress to increase funding for the Federal Charter Schools Program to $500 million."
Source: Donald Trump, "Proclamation on National Charter Schools Week, 2019," whitehouse.gov, May 10, 2019
[Editor's Note: The Trump admininstration's 2020 budget would eliminate federal funding for charter schools but would allow states to fund charter schools with other federal funding. A report published by the Network for Public Education found 357 charter schools run by for-profit companies listed in the US Department of Education database of schools that received grants from the federal Charter Schools Program for which Trump previously increased funding.
"I do not support any federal money ... for for-profit charter schools — period. The bottom line is it siphons off money from public schools, which are already in enough trouble."
Source: Patrick Svitek, "Biden Makes First Texas Trip as a 2020 Presidential Candidate, Pitching New Education Plan," texastribune.org, May 28, 2019
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