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This is pretty interesting. People are spending more and more on education.
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I still don't see what this guy is trying to pull-off!!!! Investing hugely into teachers/teaching that most others tend to cut down with a fish-market bargain, wonder where is all the funding planned from.
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Quote:
The school will use only public money for everything but its building. It is close to signing a lease for private space on 181st Street, to be covered by a combination of public school financing, a charter school grant and what Mr. Vanderhoek described as a “small amount” of private donations (he ultimately hopes to raise enough private money to build a permanent space).

To make ends meet, teachers will hold responsibilities usually shouldered by other staff members, like assistant principals (there will be none). There will be no deans, substitute teachers (except for extended leaves) or teacher coaches. Teachers will work longer hours and more days, and have 30 pupils, about 6 more than the typical New York City fifth-grade class.