ATLANTA — A new study shows that nearly half of the charter schools in Georgia could be in financial trouble.
The report by Georgia State University found that money problems have led a handful of charter schools to close in the last few years.
More could shut down if the schools don't find a way to operate in the black.
The report looked at the finances of 25 charter schools over 2 years.
The schools operate independently of local districts and the state, but receive taxpayer dollars.
Charter schools are given the autonomy to be innovative and are exempt from most educational mandates.