Arizona, which experts describe as having the nation’s least-restrictive charter law, appears to be the only state in which for-profit companies hold the charters for schools.In other words, there are no other for-profit schools receiving federal funds, because in no other state do for-profits hold the actual charter to the school (they just serve, for instance, a management role). EdWeek reports that the House has voted to overturn the Education Department's decision to withhold federal Title I and IDEA funds from for-profit charter schools. But unless I am wrong, and I am never wrong, providing those funds to a for-profit entity is against the law.
Does anyone know any more about this than I do?
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