Charter School Tax Credit: Investing in Human Capital - 0 views
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Jeff Bernstein on 23 Nov 11This paper outlines how such an investment structure might be used to solve a different challenge: chronic academic underachievement among low-income students. The academic achievement gap is well documented and seemingly intractable. Low-income students do consistently worse than their middle and upper-income peers in all measures of academic success at every grade level, including standardized test scores, high school graduation rates, and college completion rates. A number of social and education reforms have been offered to help close the achievement gap. This paper will not attempt to add to this voluminous history; rather, it will explore a new approach to financing schools that demonstrate success in closing the gap. It will also deliberately steer clear of any discussion of pedagogy. Curriculum reform is beyond the scope of this proposal as well. That said, this paper will focus on a particular type of school-charters-because many have demonstrated success serving low-income students.