Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We've been asked to pay 90% of tuition for April, which we'll do. Hoping that things will become more normal in May.
Woah!!!
Seriously, glad you got it like that! Only 10% off? Why even bother?
Sounds like that center is still paying their staff and their landlord, and the expenses that they are no longer having while closed (catering, etc) amount to about 10% of the total, so they are doing the right thing by passing those savings on to their clients. The words you are looking for are "thank you".
That leaves the owner still making 100% of his normal profit. Somehow it seems right for her to also be taking a big haircut. And that assumes that no effort has been made to work out somewhat of a deal with the landlord, who has a strong incentive to not have a tenant leave in the current economic climate.
Why exactly should the parents, many of who may have precarious job positions, be the only ones to be sacrificing here?
LOL that you think any daycare is ever making a profit. Seriously lolololol. Huge chains excepted, but seriously, your statement just shows how clueless you are. Just because the monthly bill for you is big doesn’t mean anyone’s getting rich.
Of course daycares are making a profit. How do you think they stay in business if they are not? And many of the “huge chains” are franchises, meaning that the local owner has to pay an additional fee to corporate. Even non-franchises have greater central overhead expenses, so I wouldn’t assume that corporate centers necessarily make more than a well run local center.
Even if owners are not “getting rich,” they are owners of profitable businesses that should be expected to share in the pain of the current crisis. As should their landlords.
It’s crazy that you think the parents, most of whom are also “not rich,” should be the only ones sacrificing here.
You’re just totally wrong. I’ve directed three well regarded NAEYC accredited centers, and whatever “profit” you think these places are making is non-existent. Sometimes there’s a good year—100% enrollment, all tuition paid on time, maybe a small grant or two—and we could put some in reserves. Others we ended in the red and used those reserves. Most usually we just had exactly as much coming in as going out.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We've been asked to pay 90% of tuition for April, which we'll do. Hoping that things will become more normal in May.
Woah!!!
Seriously, glad you got it like that! Only 10% off? Why even bother?
Sounds like that center is still paying their staff and their landlord, and the expenses that they are no longer having while closed (catering, etc) amount to about 10% of the total, so they are doing the right thing by passing those savings on to their clients. The words you are looking for are "thank you".
That leaves the owner still making 100% of his normal profit.
Math is not your strong suit, is it?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We've been asked to pay 90% of tuition for April, which we'll do. Hoping that things will become more normal in May.
Woah!!!
Seriously, glad you got it like that! Only 10% off? Why even bother?
Sounds like that center is still paying their staff and their landlord, and the expenses that they are no longer having while closed (catering, etc) amount to about 10% of the total, so they are doing the right thing by passing those savings on to their clients. The words you are looking for are "thank you".
That leaves the owner still making 100% of his normal profit. Somehow it seems right for her to also be taking a big haircut. And that assumes that no effort has been made to work out somewhat of a deal with the landlord, who has a strong incentive to not have a tenant leave in the current economic climate.
Why exactly should the parents, many of who may have precarious job positions, be the only ones to be sacrificing here?
LOL that you think any daycare is ever making a profit. Seriously lolololol. Huge chains excepted, but seriously, your statement just shows how clueless you are. Just because the monthly bill for you is big doesn’t mean anyone’s getting rich.
Of course daycares are making a profit. How do you think they stay in business if they are not? And many of the “huge chains” are franchises, meaning that the local owner has to pay an additional fee to corporate. Even non-franchises have greater central overhead expenses, so I wouldn’t assume that corporate centers necessarily make more than a well run local center.
Even if owners are not “getting rich,” they are owners of profitable businesses that should be expected to share in the pain of the current crisis. As should their landlords.
It’s crazy that you think the parents, most of whom are also “not rich,” should be the only ones sacrificing here.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We've been asked to pay 90% of tuition for April, which we'll do. Hoping that things will become more normal in May.
Woah!!!
Seriously, glad you got it like that! Only 10% off? Why even bother?
Sounds like that center is still paying their staff and their landlord, and the expenses that they are no longer having while closed (catering, etc) amount to about 10% of the total, so they are doing the right thing by passing those savings on to their clients. The words you are looking for are "thank you".
That leaves the owner still making 100% of his normal profit.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We've been asked to pay 90% of tuition for April, which we'll do. Hoping that things will become more normal in May.
Woah!!!
Seriously, glad you got it like that! Only 10% off? Why even bother?
Sounds like that center is still paying their staff and their landlord, and the expenses that they are no longer having while closed (catering, etc) amount to about 10% of the total, so they are doing the right thing by passing those savings on to their clients. The words you are looking for are "thank you".
That leaves the owner still making 100% of his normal profit. Somehow it seems right for her to also be taking a big haircut. And that assumes that no effort has been made to work out somewhat of a deal with the landlord, who has a strong incentive to not have a tenant leave in the current economic climate.
Why exactly should the parents, many of who may have precarious job positions, be the only ones to be sacrificing here?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We've been asked to pay 90% of tuition for April, which we'll do. Hoping that things will become more normal in May.
Woah!!!
Seriously, glad you got it like that! Only 10% off? Why even bother?
Sounds like that center is still paying their staff and their landlord, and the expenses that they are no longer having while closed (catering, etc) amount to about 10% of the total, so they are doing the right thing by passing those savings on to their clients. The words you are looking for are "thank you".
That leaves the owner still making 100% of his normal profit. Somehow it seems right for her to also be taking a big haircut. And that assumes that no effort has been made to work out somewhat of a deal with the landlord, who has a strong incentive to not have a tenant leave in the current economic climate.
Why exactly should the parents, many of who may have precarious job positions, be the only ones to be sacrificing here?
LOL that you think any daycare is ever making a profit. Seriously lolololol. Huge chains excepted, but seriously, your statement just shows how clueless you are. Just because the monthly bill for you is big doesn’t mean anyone’s getting rich.
Anonymous wrote:I consider the people who I trust to care for my child 40+ hours a week, to administer CPR if she’s choking, to cuddle her if she’s having a tough day, a “special class.” I will be doing what I can to ensure they get paid as much as possible during this time.
The parents at our preschool who are throwing the biggest fits seem to be the ones with no immediate financial concerns, who have never themselves had to worry about surviving on A few hundred dollars a week unemployment or applying for medicaid. This crisis is really bringing out people’s true colors.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We've been asked to pay 90% of tuition for April, which we'll do. Hoping that things will become more normal in May.
Woah!!!
Seriously, glad you got it like that! Only 10% off? Why even bother?
Sounds like that center is still paying their staff and their landlord, and the expenses that they are no longer having while closed (catering, etc) amount to about 10% of the total, so they are doing the right thing by passing those savings on to their clients. The words you are looking for are "thank you".
That leaves the owner still making 100% of his normal profit. Somehow it seems right for her to also be taking a big haircut. And that assumes that no effort has been made to work out somewhat of a deal with the landlord, who has a strong incentive to not have a tenant leave in the current economic climate.
Why exactly should the parents, many of who may have precarious job positions, be the only ones to be sacrificing here?
Anonymous wrote:Anonymous wrote:Anonymous wrote:We've been asked to pay 90% of tuition for April, which we'll do. Hoping that things will become more normal in May.
Woah!!!
Seriously, glad you got it like that! Only 10% off? Why even bother?
Sounds like that center is still paying their staff and their landlord, and the expenses that they are no longer having while closed (catering, etc) amount to about 10% of the total, so they are doing the right thing by passing those savings on to their clients. The words you are looking for are "thank you".
Anonymous wrote:I consider the people who I trust to care for my child 40+ hours a week, to administer CPR if she’s choking, to cuddle her if she’s having a tough day, a “special class.” I will be doing what I can to ensure they get paid as much as possible during this time.
The parents at our preschool who are throwing the biggest fits seem to be the ones with no immediate financial concerns, who have never themselves had to worry about surviving on A few hundred dollars a week unemployment or applying for medicaid. This crisis is really bringing out people’s true colors.
Anonymous wrote:Anonymous wrote:We've been asked to pay 90% of tuition for April, which we'll do. Hoping that things will become more normal in May.
Woah!!!
Seriously, glad you got it like that! Only 10% off? Why even bother?