The Charter Schools industry offer primary- and secondary-level education funded by public sources, but afforded more flexibility in curriculum design and implementation than traditional public schools. Successful implementation of charter schools is expected to raise enrollment significantly over the past five years. In the coming years, the industry is expected to continue to expand as their popularity increases. More districts will introduce charter schools as an option for public education. However, an increase in households earning over $100,000 will threaten the industry, as these families will be more likely to send their children to private school.
Charter schools offer primary or secondary education, but are subject to fewer rules, regulations and statutes than traditional public schools. They receive less public funding than traditional public schools, typically a fixed amount per pupil. Their students are still required to take state-mandated exams. Charter schools are nonprofit entities and can receive donations from private sources.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.