In this article that appeared in Forbes, Peter Greene reviews the implications of the Network for Public Education’s report of charter school closures.

When parents choose a charter school for their child, they are gambling that the school will be around for another three or four years or longer. The odds are not good.

He writes:

Within the first three years, 18% of charters had closed, with many of those closures occurring within the first year. By the end of five years, 25% of charters had closed. By the ten year mark, 40% of charters had closed. Of the 17 cohorts, five had been around for fifteen years; within those, roughly half of all charter schools had closed (anywhere from 47% to 54%). Looked at side by side, the cohort results are fairly steady; the failure rates have not been increasing or decreasing over the years.

Charter advocates have often argued that charter churn is a feature, not a bug, simply a sign that market forces are working and that weaker schools are being sloughed off. But the NPE report notes that these closures represent at least 867,000 students who “found themselves emptying their lockers for the last time—sometimes in the middle of a school year—as their school shutters its door for good…

Charter supporters may argue that this is all just the market working itself out, but that’s hardly a comfort to parents who must go through shopping, application, enrollment and adjustment to the new school yet again. As the report acknowledges, there are charter schools doing some excellent work out there, but for parents, enrolling a child in a charter school—particularly a new one—is a bit of a risk. It’s one thing to see market forces work in a sector such as restaurants, where new businesses come and go and very few go the distance; if you discover that your new favorite eatery has suddenly closed, it’s a minor inconvenience. It’s another things to see such instability in a sector that is supposed to provide stability and education for our youngest and most vulnerable citizens.