Annual report finds number of for-profit schools continues to increase as virtual charter schools emerge as new trend in for-profit education
The report documents the continued growth of the for-profit management of charter schools. Of 463 for-profit schools listed in the directory, 375 (81 percent) were identified as charter schools. The percentage of Education Management Organization (EMO)-managed schools that are charter schools is up from the figure of 74 percent reported in the 2002-2003 Profiles.