01668nam a2200193   4500999001900000008004100019100003000060245008400090260000900174300001700183520104400200650002701244650001801271700002401289773002501313906001401338942001201352952011001364  c509688d509688190520b           ||||| |||| 00| 0 eng d  aTeresa, Benjamin F.95812  aSpeculative charter growth in the case of UNO charter school network in Chicago  c2018  ap.1107-1133.  aCharter school advocates see the infusion of market competition into the educational sector as a means to achieving greater efficiency, effectiveness, and equity. Within this framework, consumer demand is understood to regulate the charter sector. This article challenges the adequacy of this premise, arguing that the structure of the financing of charter schools plays a decisive, if not determining, role in directing growth. Drawing on an analysis of the financing that enabled the dramatic growth of the UNO Charter School Network (UCSN) in Chicago during the 2000s, the article explores the implications of speculative borrowing and spiraling debt burdens on charter schools and on the functioning of the charter sector more broadly. The analysis reveals that (1) new debt was increasingly used to retire existing debt, (2) the structure of new financing assumed continued growth, and (3) schools within the network were yoked together as revenue from existing—and anticipated—schools was pledged to repay new debt. - Reproduced.  aPublic education95813  aSchools93069  aGood, Ryan M.95814  aUrban Affairs Review  aEducation  2ddccAR  00102ddc40709383623aIIPAbIIPAd2019-05-20h54(6), Nov, 2018: p.1107-1133.pAR119801r2019-05-20yAR