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SSFS Will Stay Open
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Anonymous
| There is a google form to submit your questions to the school with the hope that they will be answered in the live FAQ. You far more likely to get answers by submitting them there than on this forum. |
Anonymous
Oh I have done that. But you’d think basic questions like actual enrollment, debt and teachers on contract should be something they are aware ppl need to know without asking? |
Anonymous
Just because they haven't answered these questions yet doesn't mean they aren't aware that people want to know. I've been very disappointed with the lack of transparency from SSFS but I can also distinguish between what they can tell us and what they can't. They cannot tell us anything right now about the teachers. |
Anonymous
| At this point is it worth sending DD there for 4rh and 5th grade and then back to public? |
Anonymous
If I had a kid in lower school I would send them to public. Save your money and switch to private in middle school. Plus, in two years we will definitely know if SSFS has secured its long-term future which is of course the goal. Or you can pick a different private school for MS. |
Anonymous
Personally I don’t know if 4th/5th really matter. I mean if you stayed and the school goes belly up, elementary is the easiest to suddenly pickup in a new school. On the other hand because of that leaving now and going to a different private or public seems easy as well. The critical points I think are MS and of course US. That’s where disruptions in schools, class options can be challenging For now it’s more what you feel your child gets from ssfs? Elementary academics are going to be fine anywhere. But if you think the environment makes a huge difference you could stick it out. Otherwise I’d invest in a different school that is more likely to provide a long term stable solution. |
Anonymous
| Any word on the FAQs? |
Anonymous
| Updated FAQs are out. |
Anonymous
| They don’t say much. That is frustrating. |
Anonymous
Link? |
Anonymous
| Did the FAQ get emailed? |
Anonymous
https://www.ssfs.org/news-media/faqs-for-2025-2026 |
Anonymous
|
Q: How much is needed for the school to be debt-free?
The school has $20MM of tax-exempt bonds outstanding, collateralized by the campus and other real property. Additionally, there is a $2M bank loan due in full in October 2025. They do understand that bonds are debt, right? It's not totally clear from their answer here. |
Anonymous
|
Q: Is there any scenario that would prevent the school from operating for the 2025-2026 school year?
At this time, we have secured funding, issued re-enrollment contracts, and will have appropriate faculty and staff in place for the 2025–2026 school year. The only foreseeable scenarios that could disrupt operations would be an unforeseen natural disaster or a significant international economic crisis. This feels a little implausible. If they have, in fact, secured sufficient funding that they are in no way dependent upon student enrollments, debt restructuring or other non "black swan" events, they should proudly state that "we have $10M (or whatever it is) in the bank that definitely guarantees our 18 month survival." There is absolutely no reason for them not to provide concrete details around their financial position if they, in fact, have already insulated themselves against market-based conditions. |
Anonymous
If someone asks how much debt they have and they answer that they have $20MM in bonds outstanding, isn't it crystal clear that they understand that bonds are debt? What other way can you interpret this answer? |