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Academy schools are non profits. They are not private schools in the normal sense and there are no tuition fees charged. They are basically an experiment to ru
by jiggy2011 14y ago
Academy schools are non profits. They are not private schools in the normal sense and there are no tuition fees charged.
They are basically an experiment to run a school with less dictates from local government so do not have to follow as many rules.
http://en.wikipedia.org/wiki/Academy_(English_school) http://en.wikipedia.org/wiki/Academy_(English_school)
- pbhjpbhj 14y agoI must have it wrong, whilst I understood the schools could be non-profits in a limited sense (though wages of course can be inflated to extract funds) I had it that 3rd party investors were capable of extract a profit from their lending and other involvement. If there are no profits to make, how do you convince companies to get involved; most companies don't appear to be so altruistic. I think perhaps I'm under a misapprehension on labelling, that Free Schools are a subset of Academies; see eg http://www.guardian.co.uk/education/2010/may/25/free-schools-private-companies http://www.guardian.co.uk/education/2010/may/25/free-schools....