SHOULD we allow private profit from public education? Many charities publish annual reports showing the percentage of donations spent on the intended beneficiaries. Donors want their money to make a difference at the chalkface, rather than paying for overheads. It would be considered scandalous if directors of charities were caught lining their pockets.
And so it is with schools, which receive huge amounts of public funding. Taxpayers want to be confident that money is being spent appropriately. Fortunately all schools within a local authority are subject to a scrupulous audit of expenditure.