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An alarming new study says charter schools are America’s new subprime mortgages

The charter-school industry — consisting of schools that are funded partly by tax dollars but run independently — may be heading toward a bubble similar to that of the subprime-mortgage crisis, according to a study published by four education researchers.

There are several factors that appear to be edging the charter industry toward a bubble premeditated by the same factors that encouraged banks to start offering risky mortgage loans.

Abby Jackson

Full Story: http://www.businessinsider.com/are-charter-schools-the-new-mortgage-crisis-2016-1

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