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[quote=Anonymous][quote=Anonymous]Even at $60k, Holton does not cover operating costs on tuition alone.[/quote] Every non-profit independent school in the country does not cover operating costs on tuition alone. The business model itself relies on fund raising to supplement the gap between operating expenses and tuition income. As parents/customers we can have opinions on how a school chooses to spend their funds - like massive HOS or admin salaries. The balance sheet at the end of the year is still zero or negative.[/quote]
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