Charter schools are part of a sweeping educational reform that places the highest priority on providing a better education. Charter schools are tuition free and are funded much like a public school, but each charter school is governed privately. Private governance places accountability squarely on the shoulders of the entity running the schools. Every dollar spent through the charter school system is focused on furthering each student’s education. Unlike traditional public schools, charter schools must demonstrate success, or they will lose their charter. Charter schools can be managed by municipalities, private companies or individuals.