Eva Moskowitz just received a gift of $15 million from billionaire Dan Loeb, chair of the board of Eva’s Success Academy. Just last year, Loeb received negative public attention for comments widely regarded as racist after he chastised the leading Democrat in the State Senate—who is African American, saying she did more damage to children of color than anyone who ever wore a hood because of her criticism of charter schools.

Many people denounced Loeb’s remarks and called on him to resign, but Eva stood by him. Her forbearance was rewarded with his $15 million to her high school, which just graduated 17 students (of a class that started in kindergarten as 100). Loeb said he hoped that Eva could make her model “scalable.”

How a school with a shedding/dropout/attrition rate of 83% becomes “scalable” is mysterious.

The charter chain plans to open eight new high schools by 2033.

Here is the curious math.

Only 17 students were members of Success Academy’s first graduating class. All 17 are going to college. These are the students that survived the original 100 that enrolled in kindergarten.

That is many many millions of dollars invested to produce 17 graduates who are college bound.

Of the 32 students who graduated from eighth grade at Success charters, nine attended other high schools before going to Success Academy’s High School of the Liberal Arts. Five left before graduating.

Honestly, I don’t understand the math. I can’t figure out how this adds up to 17 graduates, but maybe someone else will and can explain it in a comment.

PS:

Eliza Shapiro explained the math of SA graduation rate to me.

“Basically 32 kids started their 8th grade year together at Success
9 left after 8th grade to go to other high schools and never enrolled/matriculated/entered SA HS
5 other kids enrolled at SA HS and left between the start of their freshman year to the present
That’s all I know! :)”

17 graduated. One may have been held back. Unaccounted for.