Send a Tweet
Most Popular Choices
Share on Facebook 1 Share on Twitter 1 Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
Best Web OpEds

Whatever Happened to the Public Audit of K-12 Inc. in California? by Diane Ravitch

Quicklink Submitted By   Follow Me on Twitter     Message Susan Lee Schwartz     Permalink    (# of views)   2 comments, 4 series

Related Topic(s): ; ; ; ; ; ; , Add Tags

View Ratings | Rate It

Author 40790
Become a Fan
  (21 fans)

From Free vector graphic: Money Bag, Dollar Sign, Currency - Free Image
Free vector graphic: Money Bag, Dollar Sign, Currency - Free Image ...614 -- 720 - 68k - png
(Image by
  Permission   Details   DMCA

“Nearly 90% of low -performing virtual charter school K12 Inc.’s revenues – and thus its huge pay for executives–comes from Americans’ state or federal tax dollars Should California taxpayers shell out $12 Million for executive compensation in a low-performing charter school? In June 2016, California State Superintendent called for an official audit of the for-profit K-12 Inc. virtual charter school. Where is that audit? In 2015, CAVA’s corporate parent K12 paid its CEO Nathaniel Davis $5.3 million and CFO James Rhyu was making $3.6 million. Their base salaries were $700,000 and $478,500, respectively, which were dwarfed by additional pay and stock for their “performance. In all, K12’s five highest paid executives received a total of more than $12 million in compensation last year.' PRIVITI$ATION is not a choice.

Read the rest of the story HERE:



- Advertisement -

View Ratings | Rate It

I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side (more...)

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

Other Series: View All 258 Articles in "FRAUD & Mendacity."

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles