Mercedes Schneider: The Management Company That Owns the #1 High School in the Nation is in Deep Trouble

Mercedes Schneider has done a deep dive into the financials of the BASIS Schools. It is an eye-opener.

BASIS charter schools won the top spots in the U.S. News & World Report rankings of the nation’s high schools.

BASIS Scottsdale was rated number 1 in the nation.

If you were thinking of sending your son or daughter there, think twice.

This is not a typical American high school. It is focused to an extreme on AP exams.

Turns out that AP test scores matter much in the US News high-school-ranking system, and BASIS high schools require their students to take at least eight AP courses and six AP exams. In 2016, the average BASIS graduate took over 11 AP exams. BASIS contends that “AP exam scores are by no means the focus of our curriculum”; however, the same page boasts that “many BASIS.ed graduates take as many as 20 AP Exams.”

These are the demands that make BASIS #1, but these are clearly not models for other high schools. They are for students who are academically driven.

But what about those financials?

The owners of the BASIS chains pay themselves millions. Yet BASIS is in debt.

Schneider asks: “Which Is Higher at BASIS Schools: Its AP Scores, or Its Debt?”

from sarah


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