The Detroit News reports:
Converting 41 schools to charters would save Detroit Public Schools $75 million to $99 million in operational costs, according to estimates released by district officials this week.
In addition, DPS spokesman Steve Wasko said the district would generate an estimated $21.8 million in lease income from the chartered schools and save about $22 million by not having to close and secure the buildings.
The education cartel isn't happy:
But the president of the Detroit Federation of Teachers said Tuesday that savings would come at the expense of teachers who would lose state pensions under the deal.
What about the children?