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40 pupils lose school as headmaster runs away

FORTY students, mostly overseas Chinese and foreign children, were told to quit a privately run international school in Pudong today as their school went bankrupt and the principal had disappeared.
The Pudong New Area education authority told Shanghai Daily that they were investigating the case and initial examination found the school had no license.
The school was affiliated in name to the Pudong Muyangren Bilingual School, but bureau officials suspected there was a deal between the two schools so that the one in trouble could use Muyangren brand to enroll students because it has no license of its own.
Parents said they had just paid 33,000 yuan (US$5,029) in tuition for the new semester but the school principal informed the parents on March 18 that the school was running in deficit.
Despite that, there was no sign of closing until today when the school principal disappeared and all the students and foreign teachers were told to leave.
The number of students dropped from 300 to 40 after one of the school's investors withdrew capital last year, parents said.


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