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Reply to "Sandy Springs Going After $25M in Grants As the Solution?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe this is a dumb question. Why do they need grants? I thought the whole point was the coalition had raised millions in a week. So what happened? Those pledges never came through??[/quote] They raised enough to keep it open for a few years at most. They’ll need more if they want to stay open. [/quote] I still don’t get it. They raised to pay off loans and debt that was a short term problem due to all this construction that had happened in a decade. After that aren’t they supposed to stay open through steady enrollment and retention and keeping costs down so their tuition covers their cost? How did they operate for 60 years? Are we saying they will forever stay open on half the students by constantly getting ppl to donate the rest because they don’t have a sustainable business plan? [/quote]
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