Charter Schools Educate at Less Than Half the Cost of Public Schools. And They're Going Broke Too.

I never bought into the idea charter or private schools could do the same, or better job, educating our kids for about a third the cost. But that has been the Charters latest selling point when being compared to public schools. It would appear the low price may only be temporary.

ATLANTA (AP) —A new study shows that nearly half of the charter schools started by independent organizations in Georgia could be in financial trouble. The report was released by Georgia State University.

It found that money problems have led a handful of charter schools to close in the last few years, but more could shut down if the schools don't find a way to operate in the black. The schools operate independently of local districts and the state, but receive taxpayer dollars.