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

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.