After the recent Chinese ban on for-profit, private schools, those writing and commenting on the event equate for-profit private schools with all private schools, but that’s just not the case.
Private and international schools come in two main flavors: for-profit and non-profit. The main difference is where the final check is cut.
The schools publicly known as non-profit include Daystar, YCIS, Keystone, BSB, Sanlitun, BSB, Shunyi, ISB, WAB, BIBA, and many others. Non-profit schools already abide by Chinese laws for non-profit schools and won’t be affected by the most recent ban, as the Western Academy of Beijing (WAB) explains, “Our school follows all relevant laws and regulations in regards to non-profit and other educational requirements in China.”
WAB was founded in 1994 and is a “truly non-profit independent IB World School managed by an all-volunteer Board of Trustees, with 100 percent of its revenue spent on fostering strong academic programs and the overall well-being of the School. As a non-profit entity, all resources and cash surplus are applied to WAB programs, facilities, and activities.”
Other non-profit schools have been reached for comment, and this article will be updated with their input.
School representatives working at for-profit schools are not sure how this new ban will affect their own school, but off the record they have assured they will do everything they can to keep stable operations as they do their best to change to comply with the law.
More stories by this author here.
Email: vanessajencks@truerun.com
Twitter: @vanessa_jencks
WeChat: vanessajencks
