Sunday, July 10, 2016

Oblivious Buffalo News Editorial Board "Say Yes is leading a vital improvement in the number of college-bound students"

From the comments;

Why did the Philadelphia Chapter close in 2000?

Why did the Cambridge, MA Chapter close in 2008?

What happened to the New York, NY Chapter which opened in 2004?

How much is it going to cost next year?

How much has been spent on fundraising, outside consultants and investment management fees relative to what is being paid out to students?

How much is Say Yes skimming off the top?

Please ask Buffalo's City Council and the School Board a version of the following questions;

How much money would it take to pay for every Buffalo High School graduate who was promised "a free college education"?

What is the anticipated average per student scholarship expected to be for Buffalo's 2016, 2017, 2018 and 2019's graduating classes?

Why are most of Say Yes to Education's investments located in "CENTRAL AMERICA AND THE CARIBBEAN"?

How much money does Say Yes Buffalo have on hand to fund the scholarships?

As the number of dollars provided for scholarships should about double again after the first year, and then double again in four years, how is Say Yes going to pay for it?

How can Say Yes Buffalo pay out more than what would make the endowment unsustainable?

What will the monies be invested in and at what cost for Buffalo's graduates?

How many students are expected to receive a "Full Tuition Scholarship Incentive" for 2016's graduating class, and what is expected to be paid out by Say Yes Buffalo over the next ten years?

Why has Say Yes Buffalo so far declined to provide the above information?

"...More than $17 million was raised locally for the program, which has committed to Buffalo for 20 years, Rust said. It will likely cost $100 million to fund the program for that long."

Business Journal
So if Buffalo doesn't raise another $75 million, the chapter becomes one of the closed shops?

Isn't the reporter and the editor of this story obligated to tell some truth to readers?

This is more of a propaganda piece than a news story