I’m not a hater of LeBron, I think he is immensely talented and intelligent and a decent role model for an athlete.
I think it is fabulous concept and only sustainable with private backing. The idea is a full service I-12 school, 9-5 for working parents and extended year. Serve 2 meals per day plus provide a food bank for families to supplement their cabinets.
Provide job placement assistance. And guaranteed tuition at Akron University for all graduates.
But I can’t see how this model is sustainable. Just some quick math put the college tuition overhead at 5Mil annually (120 kids per graduate class, $11,400/2 semesters). Or 22 Mil for a rolling horizon of high school grad to college grad @ 4 college years. And that’s just the college tuition, not the overhead for k-12 school and all of its amenities.
And the model doesn’t t really seem all that repeatable, meaning it would be hard to copy I Promise in other cities.
Just hope he doesn’t break his promise
I think it is fabulous concept and only sustainable with private backing. The idea is a full service I-12 school, 9-5 for working parents and extended year. Serve 2 meals per day plus provide a food bank for families to supplement their cabinets.
Provide job placement assistance. And guaranteed tuition at Akron University for all graduates.
But I can’t see how this model is sustainable. Just some quick math put the college tuition overhead at 5Mil annually (120 kids per graduate class, $11,400/2 semesters). Or 22 Mil for a rolling horizon of high school grad to college grad @ 4 college years. And that’s just the college tuition, not the overhead for k-12 school and all of its amenities.
And the model doesn’t t really seem all that repeatable, meaning it would be hard to copy I Promise in other cities.
Just hope he doesn’t break his promise
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