Charter Schools: Market Research Report

December 2011 | 128 pages | ID: C304B784D2EEN
Global Industry Analysts, Inc

Abstracts

The outlook series on Charter Schools provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings.

Illustrated with 31 fact-rich market data tables, the report offers an aerial view of the Charter Schools industry in the US, identifies major short to medium term market challenges, and growth drivers.

The report also offers a recapitulation of recent mergers, acquisitions, and corporate developments.

The report provides unbiased research commentary and information rich market data tables for a rudimentary understanding of the prevailing market climate in the US.

Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 476 companies worldwide.

Contents

1.MARKET OVERVIEW

Introduction
Charter Schools: A Boon for the Society
Serve the Disadvantaged Children and Remain Unnoticed
Relying on ‘No Excuse’ Approach
Extended Instructional Time

Table 1. Proportion of Charter Schools with or without Extended Instructional Time

Targets the At-Risk and Dropout Students

Table 2. Proportion of Target Student Population for Charter Schools

High Teacher-Administrator Ratio Ensure Better Performance
Smaller Size Ensures Greater Efficiency
Specialized Educational Programs
Charter Schools with Political Support Perform Better
Traditional Schools Face Decline in Enrollments as Students Shift to Charter Schools

2.SECTOR OVERVIEW

Charter Schools: A Primer
Challenges Faced While Establishing a Chartered School
Aim of a State While Framing the Charter Law
Organization and Structure of Charter Schools in the US
Charter School Facilities

Table 3. Proportion of Charter Schools Facilities by Acquisition Mode

Table 4. Ownership of Major Rented Charter School Facilities

Features of Charter Schools
Charter Authorizing Institutions
Role of Higher Educational Institutions
Organizing Principles for Charters
Evaluation
Private Management Companies in Public Education System
Contract Schools
For Profit Charter Schools
What’s In It for the Operating Company?
For-Profit Contract School Models
Management Fee Model
Profit and loss model
Selecting Between the Management Fee and Profit and loss Model
Charter Schools and Company-Run Charter Schools – A Comparison
Virtual Charter Schools in the US
Evolution of Cyber Charter Schools
Growth Drivers
Reasons for Enrollment into Virtual Schools
K12: A Leading Player in Virtual Charters
How it Works?
US Charter Authorizers
Alternative Charter Authorizers

Table 5. Total Number of Charter School Authorizers by Type in the US: 2009-10 & 2010-11

States that Support Charter Schools have Multiple Authorizers
Education Service Providers
Education Management Organizations
Virtual School Management Organizations
Comprehensive School Design Management Organizations

3.STRATEGIC CORPORATE DEVELOPMENTS

A REGIONAL MARKET PERSPECTIVE

1.THE UNITED STATES

Rationale Behind the Formation of Charter Schools
Ground Facts
The ‘No Child Left Behind’ Act To Ensure Accountability
A Peek into the History
The Set Back

Table 6. Major Reasons for Closure of Charter Schools

…And the Remedial Measures
Public Charter Schools – The Present Scenario
A Quick Overview of Charter Schools in the US
Charter Schools’ Success Decelerates Due to the Global Credit Crisis, Though Outperforms Other Public Schools
Importance of Charter Schools in the ‘Race to the Top’ Fund

Table 7. US Public Charter Schools by School Type (2006-07 to 2010-11): Number of Elementary Schools, Middle Schools, High Schools, Combined Schools and Un-graded Schools

Table 8. Percentage Breakdown of Number of Charter Schools & Traditional Public Schools in Cities, Suburban areas, Rural areas, and Towns: 2008-09

Table 9. Percentage Breakdown of Number of Charter School Enrollments by Race/ Ethnicity: 2007-08 & 2008-09

Statistics for the Study Year 2010-2011
Quick Facts on Charter Schools
Public Charter Schools – Growth Trends
Future of Charter Schools in the US
Key Statistics

Table 10. Number of Charter Schools Operating in the US for Academic Years: 2005-2006 to 2010-2011

Table 11. US Charter Schools: Number of Charter and Non-Charter Public Schools in Academic Years 2005-06 to 2010-11

Table 12. Number of Students Enrolled into Charter Schools: 2004-05 to 2010-11

Table 13. Charter Schools in the US: Total Number of Charter Schools, and Charter School Student Enrollments by State for the Academic Years 2010-11 & 2009-10

Inadequate Charter Approvals Contribute to Growing Waiting Lists

Table 14. Enrollment and Waiting List Status in Charter Schools in 2008 and 2009

State-Level Scenario
Community Level Scenario

Table 15. Top 10 School Districts with the Highest Proportion of Students Enrolled in Public Charter Schools (2010-11)

Table 16. Top 10 School Districts with Highest Number of Charter School Enrollments: 2009-10 and 2010-11

Growth in Terms of Geographic Presence

Table 17. Growth of Charter Schools in Terms of Number of States Implementing Charter School Laws

Year of Establishment of Charter Legislation (State-wise)
The States Yet to Pass Charter School Law as of 2011
Sources of Finance
Federal Grants Through the U.S. Department of Education (DE)
Credit Enhancement for Charter School Facilities Program
Community Development Financial Institutions
State Charter School Facilities Incentive Grants
Charter Schools Program
Per pupil allocation from state tax dollars
District Funding
Private Investments
Select Private Non-profit Finance Providers in the US
Charter School Spending Pattern
Administration Spending

Table 18. Average Per-Pupil Administration Expenditures in US Dollars in Select States - Minnesota, Florida, Connecticut, North Carolina, Michigan, Arizona, Texas, and Colorado

Instructional Spending

Table 19. Average Per-Pupil Instructional Expenditures in US Dollars in Select States - Connecticut, Minnesota, Pennsylvania, Michigan, Florida, North Carolina, Colorado, Texas, and Arizona

Financial Impediments for Special Education
The Funding Scenario of Charter Schools in 2010
Reasons Why Charter Schools Struggle to Obtain Finance for their Facilities
Top Charter Schools By Performance
List of Top Ranking Charter High Schools in the US in 2008
Challenges for the Charter Schools
Facility and Start-up Funding Remain a Major Challenge
Limited Operational Funds
Other Challenges
Criticism For Charter Schools
Fragile Commitment for Accountability
For-Profit Charter Schools
High Staff Turnover Impacts Quality of Education
Discrimination and Segregation
US Charter Schools – State-wise Analysis
Maine – The Newest State with Charter Laws
Mississippi Enacts New Charter Law in 2010
Arizona
Overview
California
Overview
Charter Launch
Colorado
Overview
Charter School Institute
District of Columbia
Overview
Florida
Overview

Table 20. Enrollments to Charter Schools in Florida from Academic Year 2005-06 to 2010-11

Table 21. Florida State Charter Schools (2009-10): Proportion of Students in Charter Schools by Ethnicity – Asians, Non-Hispanic Whites, Non-Hispanic Blacks, Hispanics, Native Americans, and Others (Multiracial)

Table 22. Florida State Charter Schools (2010): Percentage Share of Charters Closed by Category – Financial Problems, Academic Deficiencies, Mismanagement, Lack of Facilities, District Interference, and Others

Illinois
Overview

Table 23. Illinois State Charter Schools (2009-10): Percent Share of Charter School Students by Ethnicity – White, Hispanic, Black, Asian Pacific, Native American, and Other/Multiracial

Table 24. Illinois State Charter Schools (2010): Percentage Share of Charters Closed by Category –Financial Problems, District Interference, Managerial Problems, and Academic Deficiencies

Indiana
Overview
Charter Authorization Scenario
Michigan
Overview

Table 25. Michigan State Charter Schools (2010): Percentage Share of Charters Closed by Category – Financial Deficiencies, Mismanagement, Poor Academic Performance, Lack of Facilities, and District Interference

Minnesota
Overview

Table 26. Minnesota State Charter Schools (2010): Percentage Share of Charters Closed by Category – Financial Problems, Managerial Problems, Academic Deficiencies, and Others

New York
Overview
Failure of For-profit Educational Management Organizations
New York
Overview
Failure of For-profit Educational Management Organizations
North Carolina
Overview

Table 27. North Carolina State Charter Schools (2008): Percentage Share of Charters Closed by Category – Lack of Facilities, Financial Problems, and Mismanagement

Ohio
Overview

Table 28. Number of Charter Schools and Charter School Students From 1998-99 to 2009-10

Funding Mechanism

Table 29. Ohio State Charter Schools (2010): Percentage Share of Closed Charter Schools by Category – Financial Problems, Mismanagement, poor Academic Performance, District Interference, Lack of Facilities, and Others

Pennsylvania
Overview
Tennessee
Overview
Recent Efforts to Facilitate Growth of Charter Schools
Texas
Overview

Table 30. Texas State Charter Schools (2009-10): Percentage Share of Minority Students by Ethnicity - Hispanic, African American, Caucasian, and Others

Charter School Types
Open Enrollment Charters
District Charters
University Charters

Table 31. Texas State Charter Schools (2010): Percentage Share of Closed Charter Schools by Category – Poor Academic Performance, Mismanagement, Financial Problems, Lack of Facilities, and Others

Charter Schools Operating Outside the US

2.CANADA

Overview

3.CHILE

Overview

4.ISRAEL

Parental Choice of Schools
Charter Schools: A Viable Solution

5.NEW ZEALAND

Overview

6.THE UNITED KINGDOM

Overview
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