Author Archives: WilBrem

K12, Inc Continues its Slide Down

K12 Inc: Another School Closing, Another Significant Hit To Earnings Summary Two days ago, we revealed multiple K12 school closures and a first ever union contract that we estimate will lead K12 to lose money in fiscal 2019 and beyond. … Continue reading

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Online Schools 40% Cheaper to Run Than Public Schools

  The Thomas B. Fordham Institute is a conservative think tank located in Ohio. It is a member of both the State Policy Network and the American Legislative Exchange Council (ALEC).  It’s mission includes advancing charter schools (it is “a model … Continue reading

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New report shows limited progress towards accountability, transparency for virtual schools

Online learning options have surged over recent years, with more than 500 full-time virtual schools and 140 blended schools enrolling more than 300,000 students combined across the nation, including Michigan, K-12 online learning is clearly picking up speed. The report, … Continue reading

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Online Schools Continue to Fall Behind

Online school outcomes continue to be consistently below traditional public schools. This, according to the 4th Annual Virtual Schools Report published by the National Education Policy Center (NEPC) and funded by the Great Lakes Center for Education Research and Practice. … Continue reading

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On-line School Michigan Educational Partnerships Costs Districts Millions

Like many public schools, Ithaca Public Schools thought they saw a way to compete with on-line charter schools, and make some easy money in the process. Instead, they created a $1 million budget hole. As reported in Mt. Pleasant’s Morning … Continue reading

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Online School Students Falling Behind

The Detroit Free Press reports that “Students attending online charter schools nationwide are lagging far behind peers who attend traditional brick-and-mortar schools, according to groundbreaking research.” The National Study of Online Charter Schools looked at achievement data for online charter … Continue reading

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Executive Salaries at K12, Still in the Millions After Lost Bonuses

Executive salaries at K12, Inc. more than doubled over the last 5 years, and would have tripled if K12’s stock price hadn’t dropped. As reported by Morningstar, K12’s former CEO, Ron Packard continued to draw one of the companies highest … Continue reading

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