Colorado Virtual Academy (COVA)

1:47pm

Wed February 1, 2012
Education

K12 Inc. Shareholders File Class-Action Lawsuit

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Shareholders of Virginia-based K12 Inc.—which  manages online schools across the country and in Colorado—have filed a class-action lawsuit against the company in U.S. District Court.

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9:48pm

Wed September 21, 2011
Education

K12 Inc.: Public Online Schools, Private Profits

Rhonda Stafford and her daughter, eighth grader Ashley Andazola, attend a recent training for the online school, Colorado Virtual Academy. COVA is managed by Virginia-based K12 Inc.

At a time when public schools are seeing deep cuts in funding, there’s a growing market for companies running online elementary, middle and high schools. The largest for-profit company overseeing these programs in Colorado is Virginia-based company K12 Inc. While public schools are struggling to survive, K12 Inc.—with the support of state tax dollars—is reporting double digit profits. Meantime, it’s not measuring up to state academic standards.

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