A private school in De Pere, Wis., has closed and filed for bankruptcy, leaving some parents out nearly $30,000 in tuition payments, The Associated Press reported yesterday. The Wisconsin International School filed for chapter 7 this month after notifying staff and parents by email that the school was shutting down immediately. The school has estimated assets of $50,000 and liabilities of about $550,000, and staffers who haven't been paid their wages and parents who already prepaid student tuitions may be out of luck. School officials offered little explanation when they shut down the school last month after six years. It sent letters to parents saying that it couldn't balance its books due to declining enrollment and fundraising shortfalls. The school said it was on pace to enroll 120 students for the upcoming year, a 30 percent drop from last year. Fundraising efforts also fell 30 percent short of budget.
