Private schools slam ‘no permit, no exam’ plan

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Private schools slam ‘no permit, no exam’ plan
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training institutions—warned that many private colleges and universities will run out of operating cash in less than two months if the “No Permit, No Exam” policy is prohibited.

“After which, colleges and universities would run out of operating cash and would need to find external or other sources of financing to cover their costs. This is a significant drop from the 7.7-month average colleges and universities have under the status quo,” Villamor said.

“These schools will be most financially at risk with the ‘No Permit, No Exam’ bill. Breaking even in the school set-up means that any income generated from tuition is just enough to cover the operating costs and expenses, such as salaries of teachers and school employees, energy, water and other utilities, and other operating expenses. CEAP and non-CEAP schools, colleges and universities covering an enrollment of 532,000 students participated in the study,” Villamor explained.

“Impairing the private schools’ means of effectively collecting fees may, in the long run, have adverse effects to its viability, such that it will not be able to effectively sustain its operations and services and eventually result in its closure. Closure is even more the likely reality for most small schools, mission schools, parochial schools and other similar schools who rely heavily on the prompt payment of fees.

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