As students signed up, online school hired barely any teachers — but founder’s company charged it millions One of Indiana’s largest high schools ended this past school year with almost 5,000 students, but no desks and no classrooms. The school also had very few graduates — 61 out of more than 900 seniors graduated last year. What Indiana Virtual School did have: Tens of millions in state dollars due to come its way over the next two years, and a founder whose for-profit company charged millions of dollars in management fees and rent to the school. Thomas Stoughton founded the school in 2011, taking advantage of a new law allowing Indiana charter schools to serve students exclusively ... Continue reading... https://www.chalkbeat.org/posts/in/...ers-but-founders-company-charged-it-millions/
As students signed up, online school hired barely any teachers — but founder’s company charged it millions One of Indiana’s largest high schools ended this past school year with almost 5,000 students, but no desks and no classrooms. The school also had very few graduates — 61 out of more than 900 seniors graduated last year. What Indiana Virtual School did have: Tens of millions in state dollars due to come its way over the next two years, and a founder whose for-profit company charged millions of dollars in management fees and rent to the school. Thomas Stoughton founded the school in 2011, taking advantage of a new law allowing Indiana charter schools to serve students exclusively ... Continue reading... https://ny.chalkbeat.org/posts/in/2...ers-but-founders-company-charged-it-millions/
E-Charter Founder Charged Failing School Millions, Investigation Finds Yet another instance of online charter mismanagement has come to light. This week, Chalkbeat published an investigation into the finances and quality of instruction at the Indiana Virtual School, one of the largest high schools in the state with just under 5,000 students. The charter only graduated 61 of its 900 seniors this past school year and received an F rating for the second year in a row. The school's founder, a businessman with no prior experience in K-12 education, had charged the school millions of dollars in management fees and rent through his for-profit company, Chalkbeat reported. Like other ... Continue reading... http://blogs.edweek.org/edweek/DigitalEducation/2017/11/indiana-virtual-school-chalkbeat.html
