Behind the Curtain of Charter Schools

March 26, 2012 | CUNY Lecture Series, Graduate Center

Some charter schools get funding from Wall Street, and the support may be there for reasons that ultimately benefit business, says Michelle Fine, a Distinguished Professor of Psychology at the Graduate Center. In the continuing debate over the effectiveness of charter schools versus traditional public schools, the source of support is an important factor that people should be aware of, according to Fine. Two-thirds of the Harlem Children’s Zone is funded by private money, “some of that from Goldman Sachs,” said Fine, referring to the Harlem-based charter school. “It’s a tax write-off, a way into the privatization of all things public, and a way to break up the unions,” said Fine in her lecture, “Charter Schools: The Promise vs. The Evidence,” part of the CUNY Science Cafe lecture series.