For-Profit Charter Schools Provide an Entryway for Private Investors to Exploit Public Education

Ever since charter schools were created in the 1990s, there’s been a persistent question1 of whether or not the schools introduce an element of profit-making into the public education sector. In statutory law, legislatures have generally ruled that charter schools must be operated as nonprofits. In fact, only one state,2 Arizona, technically allows for-profit organizations to be licensed to run charter [...]