AMERICAN CREED ACADEMY

The Academy is financed by local citizens owning shares in The Academy Cooperative Educational Society which finances the Academy. Investments are as low as $10 per month, ranging up $100,000 per month, on automatic withdrawal from one's bank. Non-locals also are invited to join the Cooperative. Every shareholder is a voting member in the Academy Cooperative Educational Society. The promised return on investment is 8%. However, another Nobel Laureate, Professor Theodore Schultz in his The Economic Value of Education, 1963, funded by the Ford Foundation, discovered that the minimum rate of return on career-oriented education will average over 14%. The democratically elected Board of Trustees of the Academy Cooperative Society will determine the dividends each year after five years of operation. Our goal is that 80% of the citizens of Howard country (10,000 people, including babies[1]) be shareholders.

Primary location: Nashville United States