Client Review on K12, Inc.
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Failing Kids at an amazing rate- paying top executives million dollar salaries. K12 Inc.’s named executive officers each took home more than $1 million in compensation in fiscal year 2017, with CEO Stuart Udell paid over $4 million and Executive Chairman Nathaniel A. Davis paid over $3 million in total compensation. Education should not be a profit making enterprise. Anytime you take money out of the school system as a profit for investors you are taking a dollar out of the classroom. Money that could have gone to enriching a student's learning experience. K12 commonly has teacher-student ratios of 1:100 and in some cases 1:200. A study by CREDO at Stanford University found that K12 Inc. students lagged behind traditional public school students by 125 days of learning in math and 63 days of learning in reading. Hoosier academies virtual school has a 60% senior drop out rate- that is nuts! The majority of board of directors members, who perform only a few hours of work per year, received compensation packages of between $127,000 and $187,500. We should be spending taxpayer money on students not on excessive executive compensation!
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