Are We Funding Or Financing – Both

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or government.

Financing is the act of providing funds for business activities, making purchases or investing. Financial institutions and banks are in the business of financing as they provide capital to businesses, consumers and investors to help them achieve their goals.

With the increase in charter schools and the fact that public schools must provide charter schools with the funds they need to operate, the question arises, “Are we funding education or financing schools?”

The answer is, both.

Today, education advocates will meet with Senator Joe Robach to demand the equitable funding of public schools. Some of that funding will go towards financing charter schools in New York.

What’s the difference? The way charter schools are managed.

Charter School Business Management Inc., Accounting & financial services for charter schools is a B Corporation. “B Corps are for-profit companies certified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency.” CSBM now serves 45% of the charter market in New York City.

While taxpayers are funding public schools they are also financing private companies that profit from charter school proliferation. Charter schools my not siphon dollars away from public schools but they certainly draw money away from the education of children.

So, why are we wasting tax dollars on inefficient and ineffective public schools and spending tax dollars to support the profits of private companies when we can save money by changing the system of education to one that actually provides every child in America with an excellent education?

Because the lack of an excellent education traps our children in a lifetime of servitude to an ignorance that supports the control of a government led by “hedgehogs” that profit from the complacency of Americans who either vote along party lines or choose not to vote at all.

Knowledge is power and power belongs to the people.

Join the Movement to Save Our Children!

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