| I'd be more worried about the overleveraged MV opening a new campus and having a balloon payment due in January 2019 |
I can see that being the reason up to K maybe. Free daycare with barely qualified staff and peers that look like you. But how can any decent parent continue to say the best thing for their 3rd grader is a failing school with mediocre, underpaid staff and debt over their heads? |
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If you are comparing across schools -- or looking for places where your school is out of line with the rest of the sector -- this table may be easier.
Shows percentags spent on * salaries and benefits * direct student costs * occupancy expenses * general expenses http://www.livebinders.com/media/get/MTc5NzA5NDQ= |
What if your child is one of the 26% with special needs, and you are convinced that CMI is better at educating them that other schools? |
Thanks PP. How is SSMA going to be viable if occupany charges are 34% of their revenue? That's double most schools!!! |
It can't stay that way year over year -- but given the time period covered by this report, it probably reflects paying rent on one facility while renovating / acquiring / paying rent (mortgage?) on their permanent space. That figure should go down in the next year's report. |
Also, since that time they have expanded and enrolled more students - so their revenue should go up too. |
Even if that's the case, wouldn't you be worried about having to move your child in 2 years when the school is bankrupt? Also, what about the other 74%? |
And their reputation as a school that serves SPED students well is overblown. By a lot. And CMI misinforms/underinforms families about their options and potential services that might benefit their child, if they are not services (like push-in) that are available at CMI. It just happens that there is less clear and available information for SPED parents, so it's hard to figure out the degree to which you're not being served well - until you experience a different school or hire someone to help you. -Fmr CMI SPED parent who has BTDT |
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What are you plus oneing? |
I’m not arguing with you, but CMI has done a lot for my SPED kid. Nowhere else that I’ve seen would be a better fit. |
What grade is your kid on? What other schools do you have experience with or are you just presuming? |
Wut
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Wow. Whose throat are you jumping down? |