Reply to Feynman School Closing

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Again, wouldn’t tuition insurance cover this kind of situation?[/quote]

Sadly — when we signed our enrollment contract, it did not come with an option for tuition insurance. I actually called and researched to see if I could purchase tuition insurance on my own. No go. The companies only offer policies for a school as a whole, not to individual families.

In case school admin is reading this — [b]The enrollment contract does not protect the school in this situation. You are only entitled to keep the full tuition if parents withdraw mid year or kid is expelled. NOT applicable here.[/b] [/quote]

While you are correct, a closure this sudden indicates that they are out of money and probably are unable to make their payroll, rent, etc to be able to continue operation, so you should prepare yourself for there being no money to return, or at least not enough to return in full.  [/quote]

I know. It’s just a terrible situation all around and we are prepared for this. But what is infuriating is that the school has not been at transparent about the financial situation. Yes, the fundraising pleas were direct and escalating, but they have never been transparent about revenues and outflows, the way other private schools are. Most parents accepted this because our kids were happy there, but at this point, I think parents are owed at least some answers and more information than we have received. [/quote]

Absolutely!  The school definitely owes you an explanation and information.  I hope you get it soon.[/quote]

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