Anonymous wrote:I’m not going to “lose” anything as my kids were educated in a not-for-profit school, like 99% of the schools in this country, and had a very well-rounded, enjoyable experience.
Setting up a for-profit school specifically for kids who didn’t get into TJ but whose parents are test-obsessed was genius. If there was any doubt what was actually motivating the owners, cashing in on the soulless office building that the school calls home should answer questions. Sprinkle in the ability to give the Chinese government influence on the academic curriculum of a Washington DC area school and I have take my hat off to Spring Education and its Chinese government adjacent board.
Anonymous wrote:There is virtually no connection between the high-performing charter version of BASIS and the for-profit private equity version. And you know that.
It's not "quirky" for schools to be profit driven, it's anathema to how most view the motivation of what an educational system should be.
And it's not tinfoil hat stuff, look at the lineage of the ownership. Look at the board members, their other investments and their affiliations. Look at the parent company of the investment vehicle. Do you own research. Accept the risk if you choose but don't dismiss it because you're too intellectually lazy to analyze it.
Anonymous wrote:Anonymous wrote:And for people who, you know, didn't get into TJ.
The TJ admissions policy changed saved BIM's bacon. Their enrollment crashed after the "let's sublease the other half of the building" debacle in spring 2020. Only when a lot of folks who couldn't get into TJ showed up did their enrollment rebound, because that was the market for a STEM pressure cooker.
The school has a certain narrow lane that appeals to some and is largely ignored by the rest of the DCUM world's selective school families.
Spring Education never owned the building, they always leased from the commercial RE firm that owned then just sold it.
Just some basic facts. Like yes, there is a big overlap in the curriculum that BASIS charters and BASIS privates use. It's all the same "secret sauce" that just amounts to piles of AP courses piled on as early as possible.
Anonymous wrote:And for people who, you know, didn't get into TJ.
Anonymous wrote:Take a pressure cooker public school, remove all the fun or interesting stuff, and start charging expensive tuition. There, you have BIM.
Anonymous wrote:Well, many parents include happy and well-rounded in their top 100 criteria for schools, and no amount of money to Niche could land BIM on that list.
I’m not surprised with the stats, I’m surprised that people want to send their kids to a test factory in an office building owned by PE firm that is a de facto extension of the Chinese government.
Anonymous wrote:Well, many parents include happy and well-rounded in their top 100 criteria for schools, and no amount of money to Niche could land BIM on that list.
I’m not surprised with the stats, I’m surprised that people want to send their kids to a test factory in an office building owned by PE firm that is a de facto extension of the Chinese government.