Eye on Education

Dayton Daily News: EdVantages Charter School Group is “Lucrative Family Business”

The Dayton Daily News reports that a nonprofit that manages seven Ohio charter schools is a “lucrative family business whose husband-and-wife management team makes more than $400,000 a year.” Officials at the nonprofit, called EdVantages, say their compensation is justified and their schools perform well academically.

[Terry] Ryan of the Fordham Institute said one clear difference between these charters and traditional public schools is “at a minimum they are politically tone deaf to the realities of perception out in the community.”

“At some point you should ask yourselves, ‘Should some of the money (paid to management companies) be going to the benefit of the kids or the benefit of the teachers?’ And I believe these are questions people should ask,” Ryan said. “These are all schools that are public schools and they need to be accountable to the public. And one form of accountability is transparency.”

Read more at: www.daytondailynews.com

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