Charter Schools IV: Profit

While being a charter school is distinct from being a for-profit school, one argument in favor of charter schools is because they, unlike public schools, can operate as for-profit businesses. While
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While being a charter school is distinct from being a for-profit school, one argument in favor of charter schools is because they, unlike public schools, can operate as for-profit businesses. While some might be tempted to assume a for-profit charter school must automatically be bad, it is worth considering this argument. As one would suspect, the arguments in favor of for-profit charter schools are essentially the same as arguments in favor of providing public money to any for-profit business. While I cannot consider all of them in this short essay, I will present and assess some of them. One stock argument is the efficiency argument. The idea is that for-profit charter schools have a greater incentive than non-profit schools to be efficient. This is because every increase in efficiency can yield an increase in profits. For example, if a for-profit charter school can offer school lunches at a lower cost than a public school, then the school can turn that difference into a profit. In. . .

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News source: Talking Philosophy

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