Pennsylvania: Charters Pile on Debt, While Public Schools Are Negected

Diane Ravitch's blog

In Philadelphia, thanks to state law, the city’s public schools are in dire need of renovation, while charter schools build and acquire facilities they can’t afford. Here is one of the articles that revealed this scandalous situation. It is not sustainable to maintain two school systems in one city or state.

The editorial board of the Philadelphia Inquirer writes:

“Philadelphia’s regular public school buildings are so run down that the cost to repair them is estimated at $4 billion. Those buildings aren’t likely to get face-lifts with the School District limping from funding crisis to funding crisis. In contrast, the city’s charter schools have received $500 million in taxpayer-backed bonds for new or improved buildings….

“With no one saying no, some charters are in a frenzy to acquire or renovate buildings and finance the transactions with bond issues they can’t afford. The Philadelphia Industrial Development Corp. issues bonds for charters…

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