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Arizona Charter Schools Face Closure After Accepting Chinese Investment
Published: Monday, December 2, 2019 - 12:42pm
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Three Arizona charter schools are facing closure, and 27 similar schools across the country are in financial jeopardy after accepting seed capital from the Green Valley-based company, Education Fund of America.
Much of that money originated from Chinese investors who collected a 0.5% return as well as visas and greencards.
Arizona Republic investigative reporter Craig Harris uncovered this arrangement and joined The Show to parse out these investment deals.