Study says charter network has financial advantages over public schools
By Sam Dillon/Education Week
Most charter schools receive less government money for each student, on average, than traditional public schools. But the KIPP network, one of the fastest-growing and most academically successful charter groups, has received more taxpayer dollars per student than regular public schools, according to a new study, which also noted that KIPP receives substantial amounts of private philanthropic money. KIPP officials disputed the report by Western Michigan University researchers, saying it significantly overstates the amount per student that the network receives from both public and private sources. The Knowledge Is Power Program, a network of 99 schools in 20 states and the District of Columbia, has attracted more academic research than many other charter groups because of its success in raising the academic achievement of poor students, especially African-American youths. (more...)