K12 Inc. is a for-profit education company that sells online schooling and curricula. K12 is an education management organization (EMO) that provides online education services designed as alternatives to traditional "bricks and mortar" education for public school students from kindergarten to 12th grade. Publicly traded K12 is the largest EMO in terms of enrollment.
K12 and similar for-profit online schools have been criticized for graduation rates less than half the average of all public schools.
Video K12 (company)
History
Finance
The company was founded in 1999 by former banker Ronald J. Packard. Initial investors in the company included Michael R. Milken and Lowell Milken of education company Knowledge Universe, who along with the Milken Family Foundation, invested $10 million. Andrew Tisch of the Loews Corporation and Larry Ellison of Oracle Corporation also contributed venture capital. It became a publicly traded company on December 13, 2007.
Leadership
William Bennett, Secretary of Education under Ronald Reagan was hired as the company's first chairman of the board, serving until 2005. In 2005, the Philadelphia Board of Education called for the termination of a $3M science curriculum contract with K12 after the company's co-founder William Bennett, a former U.S. Secretary of Education in the Reagan administration, said, "if you wanted to reduce crime ... you could abort every black baby in the country and your crime rate would go down. That would be an impossible, ridiculous, and morally reprehensible thing to do, but your crime rate would go down." Bennett subsequently resigned from the K12 board and his part-time position with K12. The contract was not revoked, but was not renewed at the end of the contract term.
Lowell Milken served on the K12 board of directors until July 2007. Tisch currently serves as chairman of the board and Packard has served as CEO since the company's founding. In June 2014, Packard resigned from the board, while purchasing some of K12's assets in postsecondary education and other areas to launch a new business with Kamal Bahamdan's Safanad Limited, a New York- and Dubai-based investment firm. These purchases could contribute to an estimated $15 million to $20 million in revenues to K12 for fiscal 2014.
Maps K12 (company)
Offerings
Education management
K12 is a for-profit education management organization (EMO). In this sector, K12 does not operate individual schools, but provides online curriculum to home-schooled children and other schools. K12 was the largest EMO in the US in 2011-2012. K12's for-profit rival EdisonLearning has also moved away from physical schoolhouses to virtual offerings.
K12 offers its on-line curriculum at three levels:
- To states and districts as a home-schooling alternative to brick-and-mortar schools
- To school districts as a supplement to classroom teaching
- To parents individually as a private, on-line, homeschooling alternative
In 2015, 526 virtual schools in the United States enrolled 278,511 students.
Charter management
K12 competes with non-profit educational organisations known as charter management organizations (CMOs) that typically run brick-and-mortar schools. Other large non-profits are Imagine Schools (55 schools), KIPP (209 schools), and Cosmos. Multi-state EMOs and CMOs control about a third of the charter school market. K12 provides full-service solutions to online non-profit CMOs including Agora and Insight in Pennsylvania.
Curricula
K12's product line includes courses for pre-K, elementary, middle, and high school grades, online learning platforms and educational software. The curriculum is distributed through various channels, including online public and private schools managed by K12, sales to public and private schools and school districts, and sales directly to consumers. The company manages state-funded virtual charter schools and hybrid schools in 29 U.S. states and the District of Columbia. Schools and districts wishing to offer full-time online programs, blended programs, or individual courses can purchase curriculum and training services to implement their own programs. Homeschooling families or students who wish to supplement their education with an individual course can purchase the curriculum directly.
In fully online public and private schools, students complete all coursework online, rather than in a brick and mortar classroom. Instruction is facilitated by a mentor, who is sometimes referred to as the "learning coach" (typically a parent or guardian) with the assistance and guidance of a state-certified teacher assigned by the school. Teacher interaction is accomplished through virtual classroom environments (using Blackboard Collaborate | formerly Elluminate Live), telephone, and face-to-face meetings and events, etc. In hybrid schools, students complete the same curriculum but attend a physical building and participate in classes with other students and teachers.
The curriculum for grades K-8 focuses on the core subject areas including math, science, language arts, history, art, music, and world languages. The majority of lessons in the early grades are guided by the learning coach and take place offline using textbooks, printed materials, and hands-on activities.
The high school (grades 9-12) program is broader and students have more choices in terms of the courses they complete. In addition to core and comprehensive courses, students can choose remedial, Honors, Credit Recovery and Advanced Placement options. Unlike in the K-8 grades, high school courses take place mostly online. Students attend live online classes and have more communication with teachers, via e-mail, phone, and online conferences.
Student assessment
In elementary and middle school, the curriculum is mastery-based, meaning students must score 80 percent or higher on an assessment before moving on to the next learning objective. Short answer or multiple choice assessments are given at the end of most lessons in K-8 and are administered and recorded by the learning coach. In high school, teachers monitor student's progress and grade tests and assignments.
Parental involvement
In elementary school, the learning coach is expected to spend 3-5 hours each day monitoring students' progress, logging attendance, and facilitating lessons; as the student advances in grade level, the learning coach's hands-on time is reduced and students work more independently. In high school, the role of the learning coach transitions from direct instruction to providing support as the student is expected to manage his or her own schedule and have more interaction with teachers and other students.
Branding
K12 offers itself through a variety of brands.
State and district sponsored homeschooling
K12 develops identities for specific opportunities. In Union County, Tennessee, it operated Tennessee Virtual Academy from 2011 to 2015. In Pennsylvania, it operates Insight Pennsylvania Cyber Charter School.
Private online K-12 schools
K12 operates three online private schools: the K12 International Academy (iCad), the George Washington University Online High School, and the Keystone School. In 2011, George Washington University partnered with K12, inc. to offer a full-time online private school accredited by the Middle States Association of Colleges and Schools commissions on Elementary and Secondary Schools.
Career and technical education
K12 Inc. offers career and technical education programs at public schools, called Destinations Career Academies and Programs to students in grades 9-12.
Fuel Education
In April, 2014, K12 inc. established wholly-owned subsidiary, Fuel Education. Fuel Education operates as a separate legal entity from K12 inc., and houses different personalized learning programs.
Acquisitions
K12 acquired KC Distance Learning Inc. in July, 2008. The American Education Corporation, or A+ was founded in 1981 and was acquired by K12 inc. in 2010.
In 2010, K12 inc. and Middlebury College signed a joint venture agreement. Middlebury College planned to invest $4 million for a 40% stake in Middlebury Interactive Languages. In May 2014, faculty members voted 95-16 in favor of ending Middlebury College's partnership with K12 inc. due to ownership differences.
In April, 2016, K12 acquired LTS Education Systems for $20 milliion. Big Universe, a literacy solutions provider, was acquired by a subsidiary of K12 inc., Fuel Education in October, 2017.
School assessment
The National Education Policy Center regularly conducts studies of the performance of K12 and other for-profit virtual schools including Connections Academy (a subsidiary of Pearson Education). These studies have not been encouraging.
A study at Western Michigan University and the National Education Policy Center found that only a third of K12's schools achieved Adequate Yearly Progress, which is required for public schools by the federal No Child Left Behind legislation. According to the Times, "By almost every educational measure, the Agora Cyber Charter School [a school run by K12] is failing." In Pennsylvania, 42% of Agora students tested at grade level or better in math, compared with 75% of students statewide. 52% of Agora students tested at grade level or better in reading, compared with 72% statewide. Nonetheless, Agora brought K12 $72 million in the 2011 school year - more than 10% of K12's revenue. Proponents argue that such statistics are undermined by the fact that a significant proportion of newly enrolled students begin several grade levels behind because of an alleged failure of brick and mortar schools. Education reformers such as United States Secretary of Education Arne Duncan, have further stated that AYP is not an accurate measure of a school's performance and estimated that under NCLB, as many as "82 percent of America's schools could be labeled 'failing'".
The press and politicians have been equally critical. A 2012 PolitiFact.com article noted K12's poor performance in Tennessee. The New York Times investigated K12 and concluded that the company squeezes profits from public school funding by raising enrollment, increasing teacher workload, and lowering standards. The Washington Post raised similar issues.
K12 defends its position, describing its student base as "at risk" to begin with.
Lobbying efforts
The New York Times wrote that company profits are used to pay for advertising and lobbying state officials. K12 spent $26.5M on advertising in 2010 and the company and its employees contributed nearly $500,000 to state political candidates from 2004 to 2010. K12 has contributed money to organizations like Pennsylvania Families for Public Cyber Schools, which lobbied for online schools. In Ohio, an organization founded by a K12 official hired temp agency workers to demonstrate with signs against state representative Steven Dryer, who challenged their funding.
See also
- California Virtual Academies
- Ohio Virtual Academy
- Virtual School
- Charter schools in the United States
- Charter school
References
External links
- K12 Inc. Home Page
Source of the article : Wikipedia
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