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Companies should not profit from charter school fraud, say officials
Earlier this year, the Ohio Board of Education paid approximately $20 million to Lagers companies,
requested that the failing online charter school ECOT Altair Learning Management and IQ Innovations.3
return $60 million in state funds after failing to
provide adequate records of student attendance in Not only do I want to see greater charter school
2015-2016.1 accountability, but I believe that any
company profiting from wrongly-
Now, state officials are going one received tax dollars should pay that
step further by demanding that money back.
charter management companies,
school sponsors and private vendors I feel ensuring a quality education
also refund money they receive for our children should not be a
from charter schools when those partisan issue. Moving forward, I
schools are overpaid due to attendance inflation.2 hope we can do a better job at shining light on the
misuse of taxpayer funds and ensuring that charter
Sometimes, the management companies and vendors schools operate in a transparent, accountable
that do business with charter schools are connected manner.
to the schools themselves. 1
https://www.usnews.com/news/best-states/ohio/articles/2017-08-
12/big-online-school-changes-leadership-amid-fight-over-funding
2
For example, at least two of the companies profiting http://www.cleveland.com/metro/index.ssf/2017/08/
ecot_and_other_e-schools_must.html
from ECOT are owned by the schools founder, Bill 3
http://www.dispatch.com/news/20170809/yost-moves-to-hit-ecot-
Lager. Of ECOTs over $100 million in surplus, it has leader-in-pocketbook