Massachusetts: Billionaires Ready to Pour Up to $18 Million into Charter Referendum

Massachusetts: Billionaires Ready to Pour Up to $18 Million into Charter Referendum

Diane Ravitch's blog

Jonathan Pelto reports on the big money that will flow into the Massachusetts referendum on expanding charters. Most of it will flow from the coffers of hedge fund managers, who never showed any prior interest in improving public schools but get excited by the opportunity to privatize them.

He writes:

A group of billionaires and corporate executives are using a front group called Great Schools Massachusetts and the New York based charter school advocacy group, Families for Excellent Schools, to pour an unprecedented amount of money into a campaign to expand the number of charter schools in Massachusetts.

According to published reports, the charter school industry is on track to dump up to $18 million into a record-breaking campaign in support of Massachusetts Question 2, a referendum question on this year’s ballot that would effectively lift the legislatively mandated cap on the number of charter schools in the Commonwealth of…

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