Florida private schools, disconnected by DeSantis, now under Chinese ownership.

Chinese-Owned Investment Company Violates Florida Law, ⁤Jeopardizing Scholarships for​ Four ‍Private Schools

Four private schools in Florida, which recently ⁢lost state-funded scholarships, are owned by a mega-sized investment‌ company based in China. This ownership violates a law signed by ‌Gov. Ron DeSantis, which ‍prohibits schools from partnering with foreign countries of concern,‌ including the Chinese Communist Party. State Education Commissioner Manny​ Diaz revealed ‌this information in an ⁤interview with The​ Epoch Times.

The four ⁢schools‌ affected are Lower and⁣ Upper Sagemont Preparatory ‍Schools in Broward County, and Parke House Academy and Park Maitland‌ School in Winter Park. All of these schools are ⁣owned by the Spring Education Group, which ⁤is‌ controlled ‌by Primavera Capital Group, an investment firm based‌ in China.

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Spring Education⁣ Group ‍has acquired over 200‍ schools across the country, making this acquisition of‍ private schools by ‌a holding company quite intriguing. State Education Commissioner Manny Diaz expressed curiosity about the motives behind this investment.

While the investigation is ongoing, the Department ⁢of Education has suspended school choice scholarships for the four⁣ schools ‌due to their⁣ direct ties to ⁣the Chinese‌ Communist Party. Gov. DeSantis emphasized that the safety and well-being⁣ of students ‍and the public are at stake.

Despite the disruption caused‌ by this decision, affected students and their families will retain their scholarships and have the option to enroll in other eligible schools. The schools in question have 15 days to respond to the administrative complaint and can appeal the decision.

It remains to be seen how the ⁤schools will address this issue, but ⁤a change in ownership could potentially resolve the problem.⁢ The Epoch Times reached out to the schools for comment, and they​ expressed their commitment ⁤to ⁢providing outstanding ⁢education and‌ ensuring the enrollment of their students.

School Purchases Alarm Parents

Spring Education Group’s parent‍ company, Primavera ‍Capital‍ Group, has ‌a history of investing in ⁤educational​ assets. Their acquisitions have sparked concerns among parents in ‍the past, particularly regarding⁣ privacy and the association of schools with foreign entities.

Primavera Capital Group, based in Hong Kong, is one of the largest ‍private equity firms in​ Asia. Their‍ portfolio primarily consists of ⁤Chinese firms, and they focus on investment ⁣themes such as consumption upgrade, service orientation, technological innovation, and decarbonization.

While the investigation continues,⁣ the state of Florida ‌remains ⁣committed to protecting its students from foreign influence and ensuring that taxpayer ⁤dollars do not support schools connected to foreign adversaries.

What‌ are ‍the‍ implications of the Spring Education Group, which owns the affected schools, being controlled by a Chinese investment⁣ firm, on​ the scholarships⁢ and potential foreign influence in shaping the education system in Florida

R 150 schools in⁣ the United States and has become one of the largest operators of private schools in ⁣the country. However, ‌their ownership by a Chinese investment firm has raised concerns regarding potential foreign influence in the education system.

Governor Ron DeSantis signed the law prohibiting partnerships between schools and foreign countries of concern, including the ‍Chinese Communist Party, in order to safeguard the integrity and security of the education system in Florida. This ⁢law was a response to growing concerns over foreign countries’ influence and⁣ espionage activities in American institutions.

State Education Commissioner Manny Diaz revealed in an interview with The Epoch Times that the Spring Education Group, which owns the four affected schools, is controlled by Primavera Capital Group, an investment firm based in China. As a result, these ​schools ⁢are in‍ violation of the law, and their state-funded scholarships have been revoked.

The four schools impacted by this violation are Lower and Upper ⁤Sagemont Preparatory Schools in Broward County, as well as Parke House Academy ​and Park Maitland​ School in Winter Park. These schools will now have to find alternative means to ‍fund scholarships for their students.

The revocation of ‍these scholarships not only affects the students and their families, but also raises concerns about⁤ the potential influence of foreign entities ‌in shaping the education system in Florida. Education is a vital aspect of national security, and allowing foreign-controlled entities to operate ‌schools raises questions about the security and integrity of our education system.

Governor DeSantis has taken numerous steps to combat ⁤foreign influence in Florida, including signing bills to fight Chinese Communist​ Party influence and​ suspending school choice at schools with ties to the CCP. These actions ​highlight‌ the state’s commitment to protecting its education system from undue foreign influence and securing the ‌future of its students.

It remains to be seen how this violation will be addressed and what further ‌steps will‍ be taken to ensure the integrity of the education system in Florida. The case of‌ the⁢ Spring Education ​Group raises important questions about foreign ownership ‌of educational institutions and⁢ the potential risks⁤ associated with it. It serves as a reminder of the need for transparency and vigilance in safeguarding our education system and protecting the interests of our students and their families.