Spence School

Prep School Admissions
1

<p>[Moody’s</a> downgrades posh private school’s debt - Crain’s New York Business](<a href=“http://www.crainsnewyork.com/article/20090611/FREE/906119987]Moody’s”>http://www.crainsnewyork.com/article/20090611/FREE/906119987)</p>

<p>Interesting…</p>

2

<p>Interesting for Spence’s future FA endeavors.</p>

3

<p>Spence’s endowment is 91.4 million… that sounds impressive, but still doesn’t shock as well as Exeter’s 1 billion dollar one.</p>

4

<p>Holy cow!!!
It won’t affect Fa at all then.</p>