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Education
Related: About this forumThe Big Business of Charter Schools
http://www.k12newsnetwork.com/2012/08/the-big-business-of-charter-schools-must-read/<snip>
If you are wondering why you should add charter schools to your investment portfolios, heres David Brain, head of a major investment concern called Entertainment Properties Trust, to tell you.
(video)
Anchor: Well let me ask you about potential risks, here, to your charter school portfolio, because I understand that three of your nine Imagine schools are scheduled to actually lose their charters for the next school year. Does this pose a risk to investors?
DB: Well, occasionally we have Imagine arrangements on a master lease, so theres no loss of rents to the company, although occasionally there are losses of charters in certain areas and theyre used to peculiar, ug, particular circumstances. In this case its a combination of relationship with the supervisory authorities and educational quality. Sometimes educational quality is very difficult to change in one, two, or three years. Its a long-term proposition, so uh, there are some of these that occur, but weve structured our affairs so this is not going to impact our rent-roll [emphasis mine] and in fact we see this as uh maybe even a good experience as the industry thins out some of the less-performing schools and we move on to the best-performing schools.
There are two videos at the link that aren't the kind you can embed here at DU, so it is worth following the link, esp. for the Democracy Now interview on New Market Tax Credits.
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The Big Business of Charter Schools (Original Post)
Starry Messenger
Aug 2012
OP
AnotherMcIntosh
(11,064 posts)1. Thankfully, the US Secretary of Education Arne Duncan has our backs.
Here's what he looks like. The clown, whose picture appears on the right and who is not involved in the privatization of schools, is Ronald.
vanboggie
(1,851 posts)2. Oh, and I thought that clown was Betsy DeVos.
With her great interest in destroying public education, I was just sure it was her.
AnotherMcIntosh
(11,064 posts)3. You know, with the make-up and wig, it just might be her.
HiPointDem
(20,729 posts)4. i see three clowns.
AnneD
(15,774 posts)5. Snarky....