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King’s School, in New York Metropolis, is dealing with extreme monetary difficulties, Bloomberg reported.
The Christian school may be very small, with solely a bit greater than 300 undergraduates.
Bloomberg cited a letter from Stockwell Day, the interim president, to alumni. The letter stated the faculty wants $2.6 million for “instant monetary wants.”
If the faculty can elevate the cash, Day stated, there are hopes for survival. “And right here’s our biggest alternative: a big Christian college is contemplating a partnership with us that might carry us into the longer term and would get us out of the historic cycle of monetary ups and downs confronted by many small faculties like ours,” Day wrote. He didn’t determine the Christian college.
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