Red ties and boys’ pride: Sowing the seeds of good schools in the Midwest

The Economist:

EVERY weekday, 300 boys gather in a gym on Chicago’s South Side. They are all black. More than 80% are poor. Over the past few weeks Chicago has seen a surge in gang violence. But here boys stand in straight lines. Each wears a blazer and a red tie. And in unison they begin to shout their creed: “We believe. We are the young men of Urban Prep. We are college-bound.”
Urban Prep Charter Academy opened in 2006, part of an effort to bring 100 new schools to Chicago’s bleakest areas by 2010. Richard Daley, the city’s mayor, announced Renaissance 2010 (“Ren 10”) in 2004; Chicago’s business leaders created the Renaissance Schools Fund (RSF) to help support it. Backers of this ambitious scheme hope it will spur competition across the school district. On May 6th RSF held a conference to discuss the “new market of public education”.
At the core of Ren 10 is the desire to welcome “education entrepreneurs”, as RSF calls them. Ren 10 lets them start schools and run them mostly as they choose (for example, with longer days and, in some cases, their own salary structure); it also sets the standards they must meet. Schools receive money on a per pupil basis, and may raise private funds as well.