Two new reports about public charter schools expose serious issues about the way they are run and their effectiveness, the Washington Post reports. The first was a report in the St. Louis Post-Dispatch about Imagine Schools Inc., the nation’s largest for-profit charter school network, which is based in Arlington, Virginia and which operates more than 71 schools in more than a dozen states — including Maryland — and the District of Columbia. The story detailed complicated real estate deals through which the six Imagine schools operating in St. Louis with public dollars “are generating millions of dollars” for Imagine and a Kansas City-based real estate investment company.  Essentially, Imagine sells its buildings to a company that leases them back to Imagine, which pays extremely high rent with public dollars…

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staff and wire services reports