Funding problems found in charter school construction program

Tony Kennedy of the (Minneapolis) Star Tribune reports that some of the state’s charter schools have found a loophole in the Minnesota law that forbids charter schools from owning property. Millions of dollars in public money have gone to build schools even though the properties remain in the hands of private nonprofit corporations. According to the article, in the past decade, 18 charter schools have been built with $178 million in junk bonds.