Hi everyone-
Neat idea - but MUCH harder than it might appear. There have been a lot of crowdfunded companies that have failed to deliver, and, well, we get asked this pretty much at every talk we give. Not to be the voice of negativity, but...
Our low-cost printers (by which I mean less than $10K) have more or less outsourced their complexity to their filament. If filament isn't +/- 0.05 mm or so, the printer will jam continuously. To do that well, you need some fairly complex laser metrology equipment, the ability to mix and grind plastic, AND a very, very consistent source of material. The companies that do this get bulk recycled byproduct from industrial processes, not consumer materials.
It also sounds like you're looking into grinding up the spools that PLA comes on. Those *aren't* PLA - they are some unknown waste plastic from something else, and their print temperature is unknowable. And what comes out of the mix if they melt it isn't something I'd do without commercial-level ventilation. Mixing and melting a chunk of something isn't the same as melting a tiny line at a time.
Here's the commercial supplier making a go of it - but, as you will see, focused on making pellets.
https://www.filabot.comThere are some smaller companies that started out that way, like Filastruder, but they evolved into "make your own filament from pellets."
Finally, PLA is compostable so is not really much of a long-term ecological threat (not in your backyard, since then you will have the pigments and plasticizers in your soil, but commercial landfills will naturally do that). So it's not around as long as, say, water bottles. They would do far more environmental good upping the percentage of stuff that is recycled at your school....maybe working through all these tradeoffs can be their project!
-Joan
Joan Horvath