Dec 6, 2017

ECOT


THE OHIO SUPREME COURT WON'T TEMPORARILY HALT THE STATE'S EFFORTS TO RECOUP 60-MILLION DOLLARS FROM ONLINE CHARTER SCHOOL E-COT, WHICH SAYS IT COULD SOON BE FORCED TO CLOSE IN THE MIDDLE OF THE SCHOOL YEAR.  THE STATE HAS REDUCED MONTHLY PAYMENTS TO THE ELECTRONIC CLASSROOM OF TOMORROW TO START RECOUPING DISPUTED FUNDING WHILE A LEGAL CHALLENGE IS PENDING. ECOT SAYS IT WILL RUN OUT OF CASH AND CLOSE BY EARLY 2018 IF THE COURT DOESN'T INTERVENE. THE SCHOOL ASKED THE COURT TO BLOCK THE FUNDING ADJUSTMENTS PENDING ITS LEGAL CHALLENGE OR EXPEDITE HEARING THE CASE. THE COURT DENIED THAT REQUEST TODAY.


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