A charter run by politically connected Baker Mitchell was warned that it may have to close due to low enrollment.
Mitchell is a close associate of state budget director Art Pope, a multimillionaire who founded the libertarian John Locke Foundation and whose campaign contributions pushed the legislature far to the right. Mitchell is on the board of the John Locke Foundation
Mitchell runs three charters and was just awarded a fourth:
“Mitchell, who has collected in the neighborhood of $16 million in taxpayer funds over the past five years for managing the two other charter schools in southeastern North Carolina, is under investigation by the U.S. Department of Education’s Office of Inspector General. Details of the case have not been made public.”
And it gets better!
“Baker Mitchell also sits on the N.C. Charter School Advisory Council, the body tasked with reviewing charter school applications and making recommendations to the State Board of Education for which applicants should be green lighted to open charter schools.”
Diane Ravitch's blog 
Another educational experiment gone awry. So this is how a free market system of education works. And when the business folds nobody is accountable for the losses. Maybe the profiteers should be held accountable for deceptive business practices and compensatory damages!
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Yay! I’m so excited that Washington State now gets to join in this fun party known as charter fraud! We already have people on the newly formed charter board with conflicts of interest (right Steve Sundquist?), so now we just have to wait as our state tax dollars are sucked up by unscrupulous profiteers looking to capitalize on kids and the fools who had their votes purchased by Bill Gates. Couple that with being ordered by the feds to mandate student test scores as part of teacher evals and a Gov who sold us out, and we’re rolling. So exciting! We’re in the big time Ed Deform now, Washington State!
/sarcasm
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Ah the sweet smell of self monitoring…
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