8/29/2003

 

Makeover for corporate vouchers

Nobody has been more on top of the story of rampant abuse of private-school vouchers like The Palm Beach Post. They seem to have this story to themselves.

In a strong editorial, the paper calls for a makeover for the corporate voucher program and criticizes Ed. Secretary Horne for outright deception on the issue.

Meanwhile, the situation with Cambridge Academy and its use of state money is mind-boggling. Reports SV Date -- Prosecutors in Tampa said Isenhour was trying to support one of his many companies -- the Education Corporation of America Inc. -- with money gained from selling cocaine. Specifically, several of the other defendants would buy stock in his company with drug money, according to court records.

Education Corporation of America was considered by prosecutors to be a parent company to the Cambridge Academy -- Isenhour's correspondence school that filed for Chapter 11 bankruptcy protection in March. The Cambridge school, which is located next door to the Silver Archer Foundation in an Ocala strip mall, became an active corporation again in Colorado that same month. A receptionist there Thursday said Isenhour remains the school's "chairman of the board."

Meanwhile Horne hopes to deflect legislative scrutiny of the program with a plan for more oversight. (Tally Democrat version.) Apparently the the five-page form idea didn't fly. (See the Flablog Vault of Memory and Troxler column.)

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