The Show on KJZZ

Arizona Charter Schools Face Closure After Accepting Chinese Investment

Published: Monday, December 2, 2019 - 12:42pm
Audio icon Download mp3 (8.27 MB)
Trevor Huxham/KJZZ
Craig Harris

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.

More Stories From KJZZ

BusinessPolitics Education The Show

One Source, My Connection!