theodp writes "Touted as a model of successful education by the likes of Bill Gates, Silicon Valley's High Tech High just held its first — and last — commencement ceremony, graduating only 21 students in its brief history. Despite the financial support of the world's richest man, the charter school cited money woes as it voted to shut its doors. Adding insult to the poor HTH kids' injury, the local public H.S. district plunked down $8.6M to snatch up their abandoned school and will turn it over to a brand new crop of kids in the fall."
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