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Forum Post: Imagine schools' real estate deals fuel company growth

Posted 12 years ago on Jan. 13, 2012, 8:55 a.m. EST by GirlFriday (17435)
This content is user submitted and not an official statement

Imagine Schools Inc., the nation's largest charter school operator, runs six charter schools in St. Louis. Together, their performance on state standardized exams is worse than any school district in Missouri. Nevertheless, those schools are generating millions of dollars for Imagine and a Kansas City-based real estate investment company through real estate arrangements ultimately supported with public education money. The deals are part of a strategy that has fueled Imagine's national expansion. In most cases, Imagine sells its buildings to another company that leases them back to Imagine, with the schools themselves shouldering the rent with public funds. It's a strategy that includes risk. In St. Louis, it has led to one deal gone sour. It has saddled the schools with lease payments that cost more per student than any other charter school in the city. It has led to land purchases on speculation that a school might open.

Read more: http://www.stltoday.com/news/local/education/article_dbf9b959-0c73-586c-97e7-6fca3a729b39.html#ixzz1jLY19TWu

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[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 12 years ago

Forward environmental change.

http://act.credoaction.com/campaign/keystone_sotu/?id=33678-4904244-%3Dxzka6x&t=7

186,696 signatures so far for Bernie Sanders petition as of 10:22am central time 01/19/2012

http://sanders.enews.senate.gov/mail/util.cfm?mailaction=clickthru&gpiv=2100081904.557411.411&gen=1&mailing_linkid=34578

The petition to save abandoned houses has 16 signatures as of 01/19/2012 10:22am central time. Were just rolling right along.

http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/

Here is a place where you can directly address change. Take part, it does not hurt and may very well heal/help. Forward the cause of reform and rebirth.

http://www.care2.com/go/z/e/Ag8nw/zL2Q/B18Bb

Sierra Club has some good things to take part in as well. Set-up and ready for you to take part in. http://sierraclub.org/

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 12 years ago

Take action. See samples of how below.

183,361 signatures so far for Bernie Sanders petition as of 10:15am central time 01/15/2012

http://sanders.enews.senate.gov/mail/util.cfm?mailaction=clickthru&gpiv=2100081904.557411.411&gen=1&mailing_linkid=34578

The petition to save abandoned houses has 15 signatures. We picked one up at around 9:50pm 01/13/2012. Were just rolling right along.

http://www.thepetitionsite.com/1/Savingpeople-savinghomes-payingdowntheNationaldeficit/

Here is a place where you can directly address change. Take part, it does not hurt and may very well heal/help. Forward the cause of reform and rebirth.

http://www.care2.com/go/z/e/Ag8nw/zL2Q/B18Bb

Sierra Club has some good things to take part in as well. Set-up and ready for you to take part in. http://sierraclub.org/

[-] 1 points by fucorporatemedia (451) 12 years ago

Thanks for posting!

Check this one out too

Bill Gates is pushing these TFA 'teachers' in the schools with only 5 weeks training and In-ear training like they have in the NFL. http://www.fastcompany.com/1732723/gates-foundation-gives-teachers-nfl-inspired-technology

They are clearly trying to ruin our educational system, hoping in one generation, this movement will be over and the young people won't know any better than to put up with their crap.

[-] 1 points by DKAtoday (33802) from Coon Rapids, MN 12 years ago

Here is a place where you can directly address change. Take part, it does not hurt and may very well heal/help. Forward the cause of reform and rebirth.

http://www.care2.com/go/z/e/Ag8nw/zL2Q/B18Bb