Showing posts with label K12 Inc.. Show all posts
Showing posts with label K12 Inc.. Show all posts

Tuesday, April 19, 2016

Another E-School Investigation

A great expose on K-12 in California.  From The Mercury News:
http://www.mercurynews.com/education/ci_29780959/k12-inc-california-virtual-academies-operator-exploits-charter


This the playbook for the Ohio E-Schools




Some key findings:
  • Teachers employed by K12 Inc.'s charter schools may be asked to inflate attendance and enrollment records used to determine taxpayer funding.

  • Ohio E-School Charters are fighting this accountability issue right now.

  • Fewer than half of the students who start the online high schools earn diplomas, and almost none of them are qualified to attend the state's public universities.


  • Check out the report cards for the Ohio E-Schools.  Dismal at best.


  • K12's heavily marketed online model has helped the company reap more than $310 million in state funding over the past 12 years.


  • Market! market! market! Where do they get the money for the radio and TV ads?  SOme interesting accounting.  Make sure the school never makes a profit and write off the loss.


  • Students who spend as little as one minute during a school day logged in to K12's school software may be counted as present in records used to calculate the amount of funding the schools get from the state.
  • About half of the schools' students are not proficient in reading, and only a third are proficient in math -- levels that fall far below statewide averages.
  • School districts that are supposed to oversee the company's schools have a strong financial incentive to turn a blind eye to problems: They get a cut of the academies' revenue, which largely comes from state coffers.


  • Also note the governance issue.  K-12 sets up and loads the boards.  Same as they do in Ohio


    I like pictures







    Wednesday, December 9, 2015

    Impervious to failure, E-Schools


    An excellent article by Kevin Huffman, former Tennessee’s education commissioner on his battle with K12 Inc.’s e-school in Tennessee.  Follow the money.  He concludes that there is little evidence that for-profits succeeding.  Too many conflicts in chasing the money over results.  We have the same situation in Ohio.


    Some excerpts:

    “This past summer, the state released the school results from the 2014-15 school year. The Tennessee Virtual Academy earned a Level 1 in growth for the fourth year in a row. It clocked in at #1312 out of 1368 elementary and middle schools in the state. It is no longer the most improved lousy school in Tennessee. It is just plain lousy. It is, over a four-year time, arguably the worst school in Tennessee.

    The K12 saga raises a lot of difficult questions for me. Is it possible for a for-profit company to run schools? Our very best charters all over the country are non-profits, and I see little evidence of for-profits succeeding in the school management business. I may be platform-agnostic, but the data is telling a compelling story on this one.

    And yet, the “marketplace” fails when we are not able to ensure that parents know that the school they are choosing has a running track record of failure. Clearly, there is a critical regulatory role, and we cannot simply assume that an unfettered choice environment will automatically lead to good outcomes.

    In theory, K12, Inc’s stock should be hammered by its terrible performance in Tennessee, but it’s actually up in 2015. And why wouldn’t it be? The corporate shareholders aren’t looking for student results — they are looking for K12 to expand and grow and add more students.

    Nobody asks me for stock advice, but I say: Buy! Buy K12 Inc.! It is the rarest of breeds — a company utterly impervious to failure. It fails again and again, and yet it lives and breathes!