Network of State-Funded Schools Closes One Location as Owner Holds Luxury Property Portfolio
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A private school network receiving state subsidies has closed one of its locations, while its owner maintains valuable real estate holdings including a house in an upscale area beneath the Tatra Mountains and an apartment in a new residential development. The closure raises questions about the financial management and sustainability of privately-operated educational institutions that depend on government funding. Slovakia's education system includes a mix of state schools and private institutions that receive public subsidies, with oversight of their operations and funding remaining a subject of ongoing policy debate.