Peter Greene reports that ECOT (the Electronic Classroom of Tomorrow) has found a way to escape its current woes and keep on collecting state money.

Having attracted the ire of the state for inflating enrollment, having lost its court battle to hang on to its profits for producing low-quality education, having been labeled the school with the lowest graduation rate in the nation, what’s an entrepreneur to do?

Go into the business of dropout recovery!

What a clever idea: First you create the dropouts, then you remediate them. Or claim to.