Notice how all the good guys come together.

WILLIAM BENNETT FOUNDS ONLINE K12 SCHOOL
Former Education Secretary William Bennett is founding an online private

K-12 school that will offer the kind of traditional schooling long
espoused
by Bennett, including phonics, back-to-basics math and civics lessons.
The
for-profit venture, dubbed K12, is backed by a $10-million investment
from
Knowledge Universe Learning Group, a subsidiary of Knowledge Universe,
which was founded in 1996 by Michael Milken, his brother Lowell, and
Oracle
founder Larry Ellison. The school, which hopes to attract 100,000
students
by 2005, expects to tap into the estimated 1.5-million home-schooler
market
for its initial enrollment. "This is a hugely ambitious project," says
Bennett. "We're doing the whole thing. Every lesson, every day, for 13
years." Merrill Lynch estimates that the electronic learning market for
K-12 will grow from $1.3 billion in 1999 to $6.9 billion in 2003. (Wall
Street Journal 28 Dec 2000)
http://interactive.wsj.com/articles/SB977957224598014041.htm


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Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]

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