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Reply to "Landon lower school"
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[quote=Anonymous][quote=Anonymous]How can this be accurate when I know boys in the last few years who were not fa and did not get in? I don't think anyone lies about NOT getting in. :)[/quote] If you know families that were declined for lower school admissions, then they did mislead you that they applied for financial aid. There is testimony from the trial where Landon deponents from Landon's admissions and business office testified that there were no citings of declined admissions for applicants who did not apply for financial aid. Armstrong did not dispute or correct this when his $800K comp was being grilled. Landon did prevail and the attack on Armstrong was indirect and not on topic of the ethnic discrimination, but some serious financial problems at Landon were outed. Yes, Landon is fundraising. No, the endowment is not rising on a cash basis because the school borrows heavily from it every year to fund operations. Look it up...a lot of Landon parents are lawyers or have them always so go to the public docs if you have the stomach. This year there are under-enrolled grades in the lower and middle schools. And people always lie or exaggerated their status. In the real case if you make $200K -$250K as a dual income family and have 2-43 kids you hope to enroll in these schools, you are applying for financial aid to give it a shot. Costs nothing and most upper middle income families do. BCC is locally considered wealthy, but it isn't Westchester or Fairfield County where the average family private jets out for weekends on Friday dismissal. Landon is an upper middle class / modest upper class demographic. Look at the endowment numbers each year. Very few five figure donors as a percentage of families. Six figures is very rare in recent decade. A little reality check is the Brunswick school in Greenwich, which is smaller than Landon, has over a dozen current parents which are seven figure donors, and over 30% of current parents give over $50K per annum. I know this because I have a nephew there now. Landon has real financial issues, is a improved school for what it is and is living beyond means as a school that can't raise funds in a big way from its current demographic. There is nothing Landon can do to grab fabulously wealthy Wall Street people here, because they are not here and it is not a boarding school. What Landon can do is make tuition $20-25K, fill the classrooms with paying families who can have some charity giving bandwidth...take the tax benefit hint Landon!...and whack the gratuitous pay of the headmaster who has not proven he can do his job competitively on the fundraising side. Landon is living like a New England boarding school and is a DC metro private school. [/quote]
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