Tuesday, May 30, 2006

Icahn Quietly Emerges as Force For Improved Education in City

Whatever one may think about Carl Icahn the investor, he deserves big kudos for his efforts to deliver a good education to hundreds of underprivileged kids and to help reform the broken public school system.

The billionaire investor and famed corporate raider Carl Icahn, best known recently for his attempt to shake up Time Warner, has quietly opened one of the most successful charter schools in the city and plans to open several more.

Nestled into a quiet street in the South Bronx, the Carl C. Icahn Charter School serves 252 children in kindergarten through sixth grade...

Last year, a remarkable 86% of fourth-graders passed the state reading test. That's much higher than the city's average pass rate, which was 56%. Every fourth-grader in the school passed the state math exam.

----------------

Icahn Quietly Emerges as Force For Improved Education in City

BY DEBORAH KOLBEN - Staff Reporter of the Sun
May 30, 2006
URL: http://www.nysun.com/article/33494

The billionaire investor and famed corporate raider Carl Icahn, best known recently for his attempt to shake up Time Warner, has quietly opened one of the most successful charter schools in the city and plans to open several more.

Nestled into a quiet street in the South Bronx, the Carl C. Icahn Charter School serves 252 children in kindergarten through sixth grade.

Inside, the building is peppered with inspirational signs reminding students that college is a requirement, not an option, and that students are expected to attend a top city high school.

"Success doesn't just happen, it happens one day at a time. Read every night," a sign posted in the school hallway reminds students.

The one-story red brick building sits a block away from a large housing project and just across the street from a homeless shelter for battered women that is also supported by Mr. Icahn. Rising from an empty lot, the prefabricated school arrived on flatbed trucks in 22 pieces from a factory in New Jersey in the summer of 2001...

 Subscribe in a reader