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NEW YORK (Reuters) - The endowments of New York City's pricey private schools are flourishing thanks to a steady inflow of contributions from wealthy donors and the boost to portfolios from the rising U.S. stock market.
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West Nottingham Academy, a private boarding school in Cecil County, is in financial turmoil.
Lawsuits against private schools are often based on breach of contract claims, with parents arguing that the schools did not fulfill their obligations as outlined in enrollment contracts. However, private schools are not subject to First Amendment rights in the same way as public schools.
The school being sued for 'indoctrinating' kids with an anti-racist curriculum costs around R965,000 a year
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