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Stride, Inc. reports developments tied to its technology-based education business, including financial results, earnings calls, and enrollment activity for online public and private school programs. The company operates through K12, a portfolio brand that powers virtual public schools, accredited homeschool curriculum, personalized tutoring, and related learning options.
Recurring company updates include state-by-state enrollment openings for tuition-free virtual public schools, teacher-led online instruction, career and technical education pathways, academic support programs, and high school diploma options. News also covers revenue, operating income, adjusted measures, enrollment definitions, and fiscal-year outlooks for Stride’s education platform.
Galvanize, a subsidiary of Stride (NYSE: LRN), is expanding its Hack Reactor Professional Development courses to address the urgent need for upskilling among workers, as outlined in the World Economic Forum's Future of Jobs Report 2020. With 80% of employers aiming for rapid digitalization, these courses focus on critical skills like analysis and problem-solving. They are designed to fit into busy schedules, offering flexible, low-cost options. Notably, two-thirds of students benefit from employer tuition reimbursement, highlighting strong corporate support for continuous education.
Stride, Inc. (NYSE: LRN) reports that its K12 online schools show lower rates of learning loss compared to national studies during the pandemic, termed as the “COVID slide.” A new study indicates that most students in these schools maintained or improved their achievement levels in reading and mathematics. The study highlighted a significant difference in performance, with Stride students outperforming national averages by up to 27.7 percentage points in mathematics. Stride emphasizes that experienced online learning providers are essential during such challenging times.
Utah Virtual Academy (UTVA) invites students to enroll for the 2021-2022 school year after a transformative academic year. UTVA provides a comprehensive online education with a curriculum that includes core subjects and Advanced Placement® courses. High school students can also explore career paths through the Stride Career Prep program. Additionally, students can enroll full-time or take individual courses via the Statewide Online Education Program. UTVA emphasizes community through virtual clubs and offers a tuition-free accredited education, powered by K12, a Stride company (NYSE: LRN).
Tallo has announced a $10,000 scholarship for high school seniors affected by the pandemic, aiming to support those facing financial difficulties in pursuing higher education. The scholarship application is open until March 27, 2021, and requires a video submission detailing the pandemic's impact on the applicant's family. Special consideration will be provided to students with household income loss. Tallo, an online platform connecting students with opportunities, aims to help young people succeed regardless of their socioeconomic background.
Tech Elevator is expanding its educational offerings by opening a new campus in Dallas, a city recognized for its robust tech job market.
With a high demand for technology talent, the new campus aims to equip local residents with vital skills for in-demand careers. Tech Elevator boasts impressive outcomes, with a 95% graduation rate and a 92% job placement rate for its graduates.
The initiative is part of Tech Elevator's commitment to ensure that the local Dallas community has access to high-quality education and employment opportunities in technology.
Destinations Career Academy of New Mexico (NMDCA) invites students to enroll for the 2021-2022 academic year. This tuition-free, full-time online program serves K-12 students across the state, offering a standards-aligned curriculum delivered by certified teachers. NMDCA provides both academic and applied learning experiences in growing career fields such as programming and health services. The program allows flexibility for students to balance academics with extracurricular activities while participating in local athletic programs. Stride, Inc. supplies the curriculum, enhancing educational quality.
Ohio Virtual Academy (OHVA) has earned the Recognized ASCA Model Program (RAMP) designation, a top honor in school counseling. This achievement marks OHVA as the first Stride-powered school to receive this recognition, one of only five in Ohio and a few online schools nationwide. Dr. Kristin Stewart, OHVA Head of School, highlighted the dedication of the school's counselors in supporting over 20,000 online students, especially during the pandemic. This achievement reflects the implementation of the ASCA model over the past three years.
Stride, Inc. (NYSE: LRN) supports the Biden Administration's focus on reopening schools amid the pandemic, advocating for flexible learning options including online and hybrid education. CEO James R. Rhyu emphasized the company's commitment to meeting diverse educational needs and enhancing student achievement. A study indicated that parents reported 6.5 times more learning success in Stride's online programs. Stride continues to partner with districts nationwide to provide high-quality education solutions and is dedicated to lifelong learning, aiming to close educational gaps for underserved communities.
South Carolina Virtual Charter School (SCVCS) will accept enrollment applications starting March 15, 2021, for the 2021-2022 school year. This tuition-free online school offers a rigorous curriculum and support from state-certified teachers, catering to students from K-12. With over 70% of U.S. parents favoring online education post-pandemic, SCVCS provides an alternative for athletes and advanced learners, promoting individual learning styles and career readiness in fields such as healthcare and IT.
Stride, Inc. (NYSE: LRN) has launched two new initiatives, the Stride Nursing Club and Stride Industry Chats, aimed at helping middle and high school students explore in-demand careers. These virtual programs provide insights from industry experts across various fields, including healthcare and technology. With a growing nursing workforce projected to expand through 2029, the Nursing Club offers monthly seminars for participants to engage directly with professionals. Registration for both initiatives is free, supporting Stride's mission to bridge educational gaps and prepare students for future careers.