Profit is not a dirty word...

For schools in Kuwait, profit is not a dirty word after all... Number of students in each class	35
Number of divisions for each class	7
Total number of classes	14
Quarterly fees per student	75
Annual fees collected	1,029,000
Teachers in school	150
Average salary per teacher	250
Annual salaries paid	450,000
Electricity	500
Other miscellaneous expenses	500
Total expenses	451,000
Profit	578,000

And a few days ago there was a lady whining about why people whine about the increasing fees...the school is offering us a community servive.

Well, then why don't they open their books for public audits?

This is based on my observation. Obviously the school also has other means of making money...
1. Text Books (which are sold at atleast ten times their original price, and shipping would not raise their cost so much, I know that for a fact)
2. Note Books (again sold at prices higher than those available in stationeries, and not to forget, the better quality that you can otherwise get)
3. Kickbacks...from teachers and students. I'll keep it to that only.

I think running a school ain't that bad after all !!!

Half a million dinars in a year. Not bad eh !!!