Rap mogul Sean “Diddy” Combs is the latest celebrity wading into the K-12 education space, announcing Monday plans to open a charter school this fall in New York City’s Harlem neighborhood.

For Combs, the move brings him back to the New York borough of his childhood.

The school is "a dream come true," the Associated Press quoted Combs as saying.



Capital Preparatory Harlem Charter School, as it is named, will be a replication of Capital Preparatory Magnet, a Hartford, Connecticut, charter school founded in 2005 that for the last 10 years has boasted a 100 percent college acceptance rate.

In some cases, for well-intentioned celebrities seeking to improve the educational outcomes of students in impoverished neighborhoods, "mo money" has meant "mo problems," to borrow a phrase from one of Combs’ most famous songs.

Here’s what we know about plans for the school:

According to its website, the school serves student in grades six through 12 with a “college preparatory education that develops lifelong learners, leaders, and agents of social change.”