StateImpact Florida is reporting that teachers at K12 Inc.-managed schools may be responsible for as many as 275 students. The company manages taxpayer-funded virtual schools in more than 30 states, including Colorado Virtual Academy, the state’s largest online K-12 school.
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.