Wednesday, July 23, 2014

With No Warning, Shocked Parents told Private School is Bankrupt in De Pere. $19,000 to $29,000 in prepaid tuition lost.

The Republican attempts to commodify our kids by privatizing our public schools introduces a number of other major downsides to their movement.

Private Schools can do anything they want: I want to highlight the last line in the story below:
"Parents were angered by the closing, saying no one ever warned them the school was struggling financially."
Private schools don't have to tell parents anything. And private school closings don't get nearly enough media coverage as it should. Just consider the devastating effects on students and families left scrambling to find another school-usually a public one. Search my blog with the key words "charter" and "voucher," and you'll see what I mean. It's not a pretty picture. 

Here's another reason why having a reliable, accountable public school system is so important:
AP: A private school in De Pere has closed and filed for bankruptcy, leaving some parents out nearly $30,000 in tuition payments.

A Press-Gazette Media report says the Wisconsin International School filed for bankruptcy this month. The school has estimated assets of $50,000, but liabilities of about $550,000.

Under the terms of the bankruptcy, parents who prepaid their tuition likely won't get it back. The bankruptcy filing says two families each paid more than $29,000, and several others paid about $19,000.

School officials offered little explanation when they shut down the school last month. It sent notices to parents saying it couldn't balance its books due to declining enrollment and fundraising shortfalls.

Parents were angered by the closing, saying no one ever warned them the school was struggling financially.
The dirty little secret Republicans don't want to tell parents about private schools? Important information about declining enrollment for some charter and vouchers schools never needs to be disclosed.

1 comment:

Anonymous said...

It's Working!