Texas: IDEA Corporate Charter Chain Plans Massive Expansion

Diane Ravitch's blog

The IDEA charter chain hopes to double its enrollment in Texas. This is the free-spending chain that planned to lease a private jet for $2 million a year but backed off after bad publicity; that flies its e ecurives and their families in first-class; that bought premium box seats for professional basketball games; that pays its executives exorbitant salaries; that has received more that $200 million in federal funding from Betsy DeVos.

If the expansion plan goes forward, the IDEA enrollment will grow from 50,000 to nearly 100,000; its annual budget will grow from half a billion to one billion. This is larger than the budget of the University of Texas at Austin. Just in the past five years, IDEA’s budget has tripled.

One state representative called for an audit, but was careful to praise the organization that is gobbling up public dollars and sucking the life out of community…

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