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Accountability for NC virtual charter operators back in the spotlight after California forces K12 Inc. to pay $168.5 million settlement
Bill Cobey, chairman of North Carolina’s State Board of Education, has heard all about K12 Inc.’s California settlement, a purported $168.5 million pact with the state’s attorney general amid long-running allegations that the for-profit virtual charter school operator inflated student test scores and attendance to drain more cash from public coffers.
K12, Inc., backer of future NC virtual charter school, runs questionable operation in California
Study, former teacher recount troubling management practices and poor student outcomes Former California Virtual Academy (CAVA) employee Jan Cox Golovich left her job as an online high school teacher a year ago, when she decided the students she was teaching were being cheated out of an education. “CAVA lets students fail. They let the kids […]
Report assails K12, Inc.-backed California virtual charter school for producing more dropouts than graduates
A report released Thursday blasts K-12, Inc.-backed California Virtual Academies (CAVA), that state’s largest provider of online education, for producing few graduates and directing large amounts of revenue toward advertising, executive salaries and profit — while paying its teachers less than half the average wage traditional public school teachers earn. “It is too easy for kids to […]
Tennessee will shutter virtual school run by K12, Inc., for-profit company seeking to set up in North Carolina
Tennessee’s education commissioner has ordered the closure of a struggling K12, Inc.-operated online school, as lawmakers here at home debate a budget proposal that could pave the way for K12 to finally set up shop in North Carolina. Tennessee Virtual Academy began operating in 2011 and struggled to produce positive academic results from the get […]
UPDATED: NCAA will no longer accept coursework from 24 virtual schools affiliated with online course provider K12, Inc.
*Scroll to the bottom for a response from K12, Inc. The National College Athletics Association (NCAA) has announced it will no longer accept coursework in its initial eligibility certification process from 24 virtual schools that are affiliated with K12, Inc., a Wall Street-traded company that runs online schools across the nation. According to the college […]
K12, Inc. makes its case at the legislature tomorrow
A for-profit online education company will be at the legislature tomorrow to give a pitch to lawmakers about the virtual public charter schools it runs, and profits from, in more than 30 other states. An executive from K12, Inc., a Wall Street-traded company that gets the bulk of its revenue from running online public schools, […]
K12, Inc. attracts Wall Street criticism, compared to subprime mortgages
I wrote yesterday about the renewed attempts to open a virtual charter school in North Carolina run by K12, Inc., an online education company that’s faced fierce criticism for the quality of public education it delivers (Click here to read.) A reader alerted me to a September presentation New York hedge fund manager Whitney Tilson […]
K12, Inc. gets turned down for virtual school by appeals court
A state appeals court found that a proposed online charter school to be run by a Wall Street-traded education company K12, Inc. did not have an automatic right to have its application considered. The court’s decision puts a halt to any plans to open the virtual charter school, with no applications currently pending with the […]
K12, Inc. misses enrollment expectations, stock takes a nosedive
BMO Capital downgraded K12, Inc.’s stock (NYSE: LRN) yesterday, on account of slowing enrollments. Shares of the stock tumbled on the news, down 25 percent at the start of trading this morning and down 35 percent as this story was posted 40 minutes after the market opened. K12, Inc. is a Virginia-based for-profit company that […]
Guilford County’s broken tablets, K12 outsourcing grades to India and more
There’s a lot of education news this week, so here’s a roundup of happenings for your Tuesday morning. Guilford County suspends tablet program A significant number of defective tablet computers has forced Guilford County Schools to suspend their highly anticipated technology initiative that would put tablets in the hands of thousands of middle school students. […]
Court hearing next week on K12, Inc., for-profit school looking to open in NC
Remember when the for-profit K12, Inc. wanted to open up a virtual school in North Carolina, paid with public education dollars? Well, they still want to. There will be a hearing at 1 p.m. Wednesday in the N.C. Court of Appeals in Raleigh about the company’s 2012 attempt to open up an online school in […]
Colorado online school distances itself from K12, Inc.
The Colorado Virtual Academy (COVA) recently broke off its future school management relationship with K12, Inc., a for-profit company that runs virtual public schools around the nation. Online schools allow students to take their full course load from home computers, and K12 has been a national leader, with close to 85 percent of its revenues […]
K12 makes push for N.C. school market
An online charter school company revived its bid to open a North Carolina school through a proposed legislative add-on this week that would put the school on a path to opening. K12, Inc., a for-profit company that gets most of its revenue from running public charter schools across the nation, submitted an application last February […]
Tough times for K12, Inc.
The virtual charter school company that launched an unsuccessful bid to open up an online-based school in North Carolina has been having a rough time in other states. Cyber (also called online or virtual) schools allow students to take their entire school caseload through their home computer, and the for-profit K12, Inc. has a large […]