Innovation Ohio, which keeps a close watch on the education budget and policy issues, reports that the state increased the budgets for charter schools operated by men who are generous donors to Republican elected officials.
The point:
“Republican mega-donors David Brennan (White Hat Management) and William Lager (ECOT) saw major increases in their funding. Meanwhile, Charter Schools that actually do a far better job educating children received far less additional revenue.
“To give you an idea of just how much better Brennan and Lager’s schools do, take a look at this statistic: Brennan and Lager run 33 of the state’s 369 Charter Schools, or 9 percent. Yet according to the Ohio Senate’s Charter Schoolsimulations, Brennan and Lager’s schools will receive $8.6 million additional over last school year. That represents 38 percent of all the increases to the rest of the 336 Charter Schools. So 38 percent of the increase to Charters went to 9 percent of the schools.”
This is called rewarding political friends, not rewarding excellence.

In corporate reform, there is no “conflict of interest,” only expressed belief in the marketized system, the highest form of which is for those holding the public purse strings to become entrenched in the education corporate community. These fine fellows are merely illustrating that point.
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Just greasing your friends with mordida. After all, isn’t education the new profit center? You must line yourself up for the increased revenue after all. And there are the gifts for those who helped you also.
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This is the exact reason we have explained that low performing charters are allowed to stay open because of political connections not educational performance. It is all a farce and a complete rip off of public tax dollars. Joe Nathan and TE this is what I pointed out in another article. There are some serious problems out here
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