Assertion Contradicted AI assessment confidence: 90% certainty 3/5 debate potential 2/5

Langone: Harlem Children's Zone Receives $27K-$28K Per Student from New York

Ken Langone · How Founder Ken Langone Turned Home Depot Into A $400 Billion Empire · Joe Lonsdale · Jul 3, 2024 · at 20:58

Ken Langone discusses public funding allocation for Harlem Children's Zone charter schools with Joe Lonsdale.

0:00 / 0:07exact quote · 7.6s

▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark

“I think we get 27, HCZ gets 27 or 28,000 dollars per student from the state of New York.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

The claim, plainly

Harlem Children's Zone receives $27,000 to $28,000 per student from the state of New York.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

Ken Langone's claim that Harlem Children's Zone (HCZ) receives $27,000 to $28,000 per student from the State of New York is materially inaccurate. According to official New York State Education Department (NYSED) charter school rate schedules, the statutory basic tuition rate per pupil for New York City charter schools was approximately $17,800 to $18,250 for the 2022–2023 and 2023–2024 school years (rising to $19,044 for 2024–2025). Even with categorical aids, public per-pupil revenue remains around $18,000 to $20,000—roughly 30% to 35% below Langone's stated figure. While HCZ's total per-pupil expenditures reach $22,500 to $26,750, that level of spending is achieved through substantial private philanthropic support rather than state tuition payments, and NYC district-run public schools spend over $31,000 per pupil.

NYSED official charter school basic tuition rates for NYC charter schools were $17,800–$18,250 per pupil for the 2022–2023 and 2023–2024 school years and $19,044 for 2024–2025.
Total public per-pupil funding from NYSED/NYC DOE falls within the $18,000–$20,000 range for general enrollment charter students.
Total per-pupil operational spending at HCZ Promise Academy I and II ($22,524 to $26,749) relies on private philanthropic subsidies from HCZ donors rather than public/state funding alone.

Checked against

[1] nycourts.gov [2] ny.gov [3] soundfoundationsroc.org [4] manhattan.institute [5] nyc.gov [6] ed.gov [7] hcz.org [8] schooldigger.com

Harlem Children Zone Promise Academy charter school financial statements 2023 2024 per pupil "charter school basic tuition" "New York City" "2023-24" OR "2022-23" OR "2024-25" "charter school basic tuition" "New York City" "2023-24" OR "2023-2024" "Promise Academy" "per pupil" 2023 OR 2024 "Harlem Children's Zone" OR "HCZ" "Harlem Children's Zone" "Promise Academy" "per pupil" funding state OR tuition 2023 2024 "2023-24" "Charter School Basic Tuition" "New York City" OR "NYC" nysed NYC charter school basic tuition per pupil 2023 2024 "Harlem Children's Zone" "Form 990" "Promise Academy" "2024" "government grants" OR "program service revenue"

assessed as of 2026-09-05

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Harlem Children's Zone state of New York

⚑ Spot an error? Report it

More from Ken Langone

Opinion

Langone: Taxing the ultra-wealthy alone cannot solve the US deficit

“You don't solve the problem unless you hit the little guy, because there's billions of them and there's hundreds of us.”

Ken Langone Jul 3, 2024 ▶ 38:24 How Founder Ken Langone Turned Home Depot Into A $400 Billion Empire · Joe Lonsdale

Assertion Partly supported

Langone: Every Harlem Children's Zone Student Has Graduated and Attended College

“And now, every single kid that's going to our school has graduated from our school. Every one of those kids has gone on to college.”

Ken Langone Jul 3, 2024 ▶ 18:48 How Founder Ken Langone Turned Home Depot Into A $400 Billion Empire · Joe Lonsdale

Disclosure

Langone: Receiving $3,600 monthly Social Security checks proves system is flawed

“I have a charming life with everything I could imagine a human being could want. And I get a check from the government every month for 3600 dollars. Something's wrong with that system.”

Ken Langone Jul 3, 2024 ▶ 39:05 How Founder Ken Langone Turned Home Depot Into A $400 Billion Empire · Joe Lonsdale

Prediction Open · timeframe Dec 2030

Langone: Eli Lilly's Mounjaro will exceed $30B annually by 2030

“Well, I think that Mangiorno, probably by 2030, the pundits say, Probably will be over thirty billion dollars a year, well over thirty billion.”

Ken Langone Jul 3, 2024 ▶ 3:59 How Founder Ken Langone Turned Home Depot Into A $400 Billion Empire · Joe Lonsdale

Opinion

Langone: Eli Lilly's GLP-1 molecule is far more beneficial than Novo Nordisk's

“Lily, I think, the profile on a Lily molecule, molecule is far more beneficial than the Novo, but Novo's got a great product, too.”

Ken Langone Jul 3, 2024 ▶ 4:29 How Founder Ken Langone Turned Home Depot Into A $400 Billion Empire · Joe Lonsdale

Assertion Not checkable as stated

Langone: 3,000 Home Depot Cart Pushers Became Multimillionaires

“We have 3000 people That started pushing carts in from the lot. That's about as low entry level as you get. That are multimillionaires today. And by the way. Most of them are still working here.”

Ken Langone Jul 3, 2024 ▶ 12:17 How Founder Ken Langone Turned Home Depot Into A $400 Billion Empire · Joe Lonsdale

Langone: Harlem Children's Zone Receives $27K-$28K Per Student from New York

More from Ken Langone

Turn any episode into a week of clips.