A Minnesota charter school is on the brink of closing. Monday night at a board meeting for STEP Academy, KARE 11 reported that two board members resigned and the finance director admitted the school is bleeding cash. At the beginning of the school year, its deficit was $800,000. It is now $2.1 million. If STEP Academy closes, the Star Tribune reports it would be the largest charter school failure in history. How did STEP get to this point? The Minnesota Star Tribune reporter Jeffrey Meitrodt joined MPR News host Cathy Wurzer to explain. DFL State Senator Mary Kunesh representing the New Brighton area is the chair of the Education Finance committee and she joined Minnesota Now to talk about how the state can prevent issues like these with charter schools in the future.