Replies to post #89258 on Hartcourt Companies (fka HRCT)

[Investorman]

This one probably was $4800 a year also twenty years ago. My daughter graduated in 2005. Inflation rears its ugly head.

My point was that operating a high school is expensive so we will have to wait and see what kind of profits are possible for HRCT in the future.

[Tin-Berrygood]

I've sent my daughter to private schools since preschool ..Cost this year about $13,000 with everything..Obama's school here in Hawaii (Punahou school about $15,000) gets a lot of attention..Michelle Wei also went there..They are a money making machine..and with the high cost of everything here in Hawaii, they do stand out with their facilities and teachers..So there are schools that make a heck of a lot of dough while putting out an excellent product..If they can do it with the high costs here in Hawaii, I can just imagine what is possible in China..Very interesting possibilities..jmo

Oh by the way, even on a small island like Oahu, there are about a dozen to 15 or so private schools that are doing big business....I can see Maple China Ed developing into something really in a class by itself..There is a market for these kinds of schools where the public Ed is not enough..Jmho

Aloha