17 September 2018

Schools For Scandals: Another Millionaire Is Made

Add this one to the growing list:
Benjamin Franklin Charter School
Why is it that some of these mostly-Mormon founded charter schools always use some allusion to American heritage?
Others like Heritage Academy here in Mesa show George Washington and Abraham Lincoln on their logos - they're just trying to be patriots? Or fake foils for profits, mebbe.
Anyhow here's one more good opinion piece from Laurie Roberts:
Arizona Rep. Eddie Farnsworth is a charter school millionaire - and you helped pay for it
Laurie Roberts, Arizona Republic | Updated 8:11 a.m. MT Sept. 11, 2018 
OPINION: Arizona Rep. Eddie Farnsworth is just the latest charter school operator to use charter schools as his own personal ATM – one that shoots out public funds
"Yet another millionaire is made, thanks to the latest in charter school scheming.
This time, it’s state Rep. Eddie Farnsworth, who has figured out a way to sell his charter school business – the one built with taxpayer funds – and make millions on the deal and then likely get himself hired to continue running the operation.
Which now converts to a non-profit and thus will no longer have to pay property or income taxes. . . Sweet plan. 
Sickeningly so, when you consider that Farnsworth is making his millions off of tax money intended to be used to educate Arizona children.
Other charter schools are getting rich
Farnsworth is just the latest operator to use charter schools as his own personal ATM – one that shoots out public funds.
 
 
The Republic’s Craig Harris has spent all year reporting on operators who are getting rich – or at least, making a tidy pile of cash – off publicly funded charter schools, aided by laughable state laws that require hardly any oversight or accountability.
READ MORE > AZ Central Opinion Piece




 

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