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A default gives the bondholders the right to demand immediate payment, possibly requiring a liquidation of some school assets.
It is not simply the repeated loss of valuable school assets that is so troubling, it also the fact that the chancellor has paid so little attention to school libraries that they could be allowed to open in this state.
McInerney thinks there should be a clampdown on high pay, a lock on school assets, and that local authorities should be able to spin out their own academy trusts.
The government naively trusted that setting up academy chains as charities would be enough of a safeguard and blithely signed away vast school assets – buildings and land – in the hope that they would be looked after.
In addition, when designing and implementing school-based intervention programs, it seems important to promote school assets as important features on school satisfaction and academic achievement for all students and, in particular, for those more vulnerable to achieve success (Simões et al. 2010).
MEHRD's AMU should include project equipment in their list of school assets.
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Then there's that all-Wall Street B-S board of directors, rumored to be ready to merge with Spence, strip the school's assets, auction off the real estate, and start all over with something called the New Arbitrage School.
Sledd managed the move of the school's assets from Lake City to Gainesville during the late summer of 1906, and participated in the official dedication of the campus on September 27 , 1906
He said, "There will be debates about whether the Jesuits own the universities and high schools, whether those universities and high schools are assets that can be held accountable or used to pay the claims.
The schools own assets valued at $5.4 billion.
This is the inevitable consequence of handing over schools and assets to private providers and leaving them to the mercy of the market.
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