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Can the Nation’s First Charter School Strike Transform the Industry?

By Candice Bernd ~ Truthout ~

For the first time, charter school teachers are striking. Over the past week, a strike at Chicago’s largest unionized charter network gained steam, with 15 schools serving Acero’s 7,500 predominantly Latino students remaining closed since Tuesday.

This week’s strike is the first in the nation against a charter operator, and comes only days after Acero released a financial audit showing that the nonprofit currently has at least $24 million in cash and brought in $89 million in revenue this year.

Despite having $10 million more than it had at the end of 2017, Acero managed to spend $1 million less on salaries this year, only giving their teachers a “paltry” wage increase, according to the Chicago Teachers Union (CTU), and no raise at all to the schools’ support staff.

While charter teachers are typically paid $13,000 less than those in Chicago Public Schools (CPS), charter schools bring in 8 percent more per student in funding than CPS under Mayor Rahm Emanuel’s so-called “student-based budgeting” scheme, which gives each school a fixed amount of money per student enrolled.

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