Blogger “Education Matters” reports the news from the charter industry in Florida:

According to the FLDOE the total is 308. Think about that, 308 charter schools have taken public money and then closed leaving families and communities in a lurch. Untold millions of dollars wasted and thousands and thousands of lives interrupted.

Then according to a June 26th article in the Tampa Times of the 657 remaining one in six of them either are running a debt or “had material weaknesses with their internal financial controls.”

http://www.tampabay.com/blogs/gradebook/one-in-eight-florida-charter-schools-facing-deficits-audit-shows/2235220

“Education Matters” (also jaxkidsmatter) concludes: the charter cure is worse than the disease.