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Metropolitan DC Local Politics
Reply to "DFER Spending Big Again"
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[quote=Anonymous]Investors are becoming interested in charter schools for the same reason that investors are becoming interested in clean energy, etc. "Social" capital is a good investment that gives them a reliable return, and also performs a social good by creating more seats at high quality schools, manufactures more solar panels, divests from oil, etc. Its an entire movement that liberals, cough, are typically supportive of. For charter investors, that often means investing in actual school facilities, since charters don't receive public funds (in many states) to lease, buy or renovate buildings. The best charters can't keep up with the number of folks who want to enroll, so investing in new buildings helps more kids get a better education than they would in public, and investors get their money back when per student funding goes up. The best public schools in this city are charters. We should want more of them. I would kill to send my kid to Latin if they could get a lottery seat. [/quote]
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