Dear Dept of Education, Dream Center is asking you to extend a Line of Credit for 1.5-2 Million Dollars to keep AIP open for 2 months! Do the math.... tuition from 230 students is bringing in about $1,300,000 for just these 2 months. Expenses for a handful of faculty and staff (most staff already laid off), rent and utilities if they arent already in eviction for nonpayment... perhaps would cost $200,000-$300,000 of expenses. That looks like $1,000,000 in profit to somebody. And Dream Center wants more taxpayer money — its time to take a closer look.
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600 million loan to pay off
Did you forget about that ?
Interesting math, did u pull those numbers out of the sky or your backside?
Fake post, the Department of Education doesn't "loan" money to schools nor do they offer a "line of credit".
They have no shame.