Your Daily Ten@10

This is edition 2024/174 of the Ten@10 newsletter.

Welcome to the Ten@10, where I collate and summarise ten news items you generally won't see in the mainstream media.

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• 💸 Mt Albert Grammar received $30 million for 22 new classrooms, accommodating 600 students at an establishment cost of $50,000 per student.
• 🏫 Drumm estimates a new state school for 600 students would cost $250 million, or $416,666 per student.
• 📚 The proposed Charter schools, if awarded, could cost under $9 million for 1,160 students, or $7,758 per student.
• 💰 Ongoing interest costs over 5 years: MAGS $1.5 million per annum ($2,500 per student), State School $12.5 million per annum ($20,833 per student), Education 710+ $450,000 per annum ($387 per student).
• 💼 Charter Schools could save taxpayers $32,623,000 compared to MAGS and $307,613,000 compared to new State schools in establishment and first 5 years.
• 🎓 Charter schools aim to operate at similar per-student costs as State schools of similar size and demographics, with performance targets.