California bans for-profit charter schools

The San Jose Mercury News reports:

California has just kicked for-profit management companies out of the charter school business.

A bill signed into law Friday afternoon prohibits companies from managing or running the state’s taxpayer-funded, independently run charter schools. Assembly Bill 406 was inspired, in part, by an investigation by this news organization into allegations of profiteering at the expense of children’s educations.

The 2016 news investigation focused on K12 Inc., a for-profit company based in Virginia and traded on Wall Street that manages publicly funded charter schools in California and other states. The K12-run network, California Virtual Academies, with an enrollment of roughly 15,000, graduated fewer than half of its high school students, and some teachers said they were pressured to inflate grades and enrollment records.

The bill by Assemblyman Kevin McCarty, D-Sacramento, was the latest of several attempts to crack down on the industry, including schools such as California Virtual Academies that are technically nonprofits but are controlled by corporate interests. A rare alliance of teachers’ unions and the state’s charter school trade association — which originally opposed the legislation but eventually supported it — pushed it across the finish line.

The socialist strike back....