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Schools making money from taxpayers?

Published måndag 7 mars 2011 kl 12.42

One in four private-run schools in Sweden has paid out dividends to its shareholders, up to a total of over US$12 million. That's controversial, as the schools are grant-maintained and paid for by the Swedish taxpayer.

Most successful is the Baggium company, which runs 52 schools in Sweden, and handed out over US$ three million to its owners, according to the business newspaper Dagens Industri.

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