In an earlier post, Karen Francisco (editorial page editor of the Fort Wayne Journal Gazette) lamented that failing charters escape accountability by turning into voucher schools or shopping for an authorizer with low standards. When challenged by a reader, Francisco explained what happened in Fort Wayne.

She wrote:

“In fact, the two failed Imagine Inc. charter schools in Fort Wayne are being converted to voucher schools. The local charter board has been dismissed, loans forgiven and Indiana taxpayers will continue to pay Bakke’s company to operate two underperforming schools. In addition, an out-of-state real estate investment trust — EPT Properties — will continue to collect about $1 million a year for the charter school lease. Instead of through the charter board, the tax dollars now will be funneled through low- and middle-income families to a religious organization and, in turn, to the REIT.”