Bad news blew in from Omaha. (On an ill wind)
The Archdiocese of Omaha announced Friday it is closing St. Peter Claver Cristo Rey High School at the end of the academic year due to the schools $7 million debt, large operating deficits, an ongoing need for outside financial support and a soft economy.
It’s a first, I think. Chicago area has three Cristo Rey-model schools, all doing fine. Would be a shame if that marvelous experiment failed. In fact, experiment is not right. The schools have been around long enough to be considered settled programs. But hard times lie ahead, and as profits decline, non-profits are sure to suffer.
Blithe Spirit 