<p>A large endowment, by itself, does not guarantee a good school. Conserve School had an endowment of more than $1 million per student when the trustees decided to convert to a semester school.</p>
<p><a href=“Parents Sue Trustees Over Prep School’s Shutdown - The New York Times”>Parents Sue Trustees Over Prep School’s Shutdown - The New York Times;
[Conserve</a> School officials blame the economy for radical reduction in programming - NewsoftheNorth.Net Inc.](<a href=“http://www.newsofthenorth.net/article/Community/Education/Conserve_School_officials_blame_the_economy_for_radical_reduction_in_programming/24612]Conserve”>http://www.newsofthenorth.net/article/Community/Education/Conserve_School_officials_blame_the_economy_for_radical_reduction_in_programming/24612)
[Schools</a> Clash Over Steel Chief’s Fortune: Multimillion-Dollar Endowment at Issue in Federal Lawsuit - Science News - redOrbit](<a href=“http://www.redorbit.com/news/science/331423/schools_clash_over_steel_chiefs_fortune_multimilliondollar_endowment_at_issue/index.html]Schools”>http://www.redorbit.com/news/science/331423/schools_clash_over_steel_chiefs_fortune_multimilliondollar_endowment_at_issue/index.html)</p>