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Are We Heading Toward a Charter School 'Bubble'?: Lessons from the Subprime Mortgage Crisis

26 Pages Posted: 17 Dec 2015 Last revised: 13 Apr 2016

Preston C. Green III

University of Connecticut

Bruce D. Baker

Rutgers, The State University of New Jersey - New Brunswick/Piscataway

Joseph Oluwole

Montclair State University

Julie F. Mead

University of Wisconsin - Madison - School of Education

Date Written: December 16, 2015

Abstract

In this article, we explain how charter schools may be developing conditions that are reminiscent of the subprime mortgage crisis. We also explain the process in which charter school bubbles might form and burst in Black, urban communities. Finally, we discuss the steps that federal and state governments should take to avoid the creation of bubbles in these vulnerable neighborhoods.

Suggested Citation

Green, Preston C. and Baker, Bruce D. and Oluwole, Joseph and Mead, Julie F., Are We Heading Toward a Charter School 'Bubble'?: Lessons from the Subprime Mortgage Crisis (December 16, 2015). University of Richmond Law Review, Vol. 50:783, 2016. Available at SSRN: https://ssrn.com/abstract=2704305

Preston C. Green III (Contact Author)

University of Connecticut ( email )

Bruce D. Baker

Rutgers, The State University of New Jersey - New Brunswick/Piscataway ( email )

94 Rockafeller Road
New Brunswick, NJ 08901
United States

Joseph Oluwole

Montclair State University ( email )

Upper Montclair, NJ 07043
United States

Julie F. Mead

University of Wisconsin - Madison - School of Education ( email )

Madison, WI 53706
United States

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