Former Mayor Michael Bloomberg is defending charter schools in his first major interview since leaving office.
Speaking with Katie Couric of Yahoo News, Bloomberg says charter schools offer superior education to people who have been left out by traditional methods.
Bloomberg's successor, Bill de Blasio, has been a vocal critic of charter schools.
He recently reversed a plan approved by Bloomberg to let three charters share space with public schools.
Bloomberg says charters can serve as a road map for better public education overall.
"The thing with charter schools is they're public schools any they provide a great education for a lot of kids, almost all poor minority kids, and they act as a role model for other public schools, charter schools are public schools, that's what everybody forgets," Bloomberg said.
In the interview, Bloomberg and Couric also discuss his legacy, income inequality in the city, and why he disagrees with President Barack Obama's plan to hike the minimum wage.