Teach for America’s new partnership with largest for-profit charter network - The Answer Sheet - The Washington Post

The ultimate goal of any for-profit company is always profit:

Teach for America’s new partnership with largest for-profit charter network - The Answer Sheet - The Washington Post: "It has also come under scrutiny for its complicated real estate deals that generate millions of public dollars for Imagine. The St. Louis Post-Dispatch, for example, detailed the deals involving six Imagine schools operating with public money in St. Louis. Essentially Imagine opened schools and then sold the buildings in which the schools operated to a company that then leased them back to Imagine at often extremely high rates, which are, of course, paid for out of public money.

Beyond the rent, the paper also reported that Imagine’s charter schools must pay 12 percent of their budget for management costs. Still, it said, some Imagine schools were missing pencils, paper, books and other basic supplies.

As for student outcomes, the standardized test scores in that city’s Imagine schools are below the state and city average, the paper said."

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