I don't think you would see a massive savings - you will still need to build the same number of schools, hire the same number of teachers, build the same number of playgrounds, it isn't as though there are a huge number of schools that are being built and then have low occupancy/student numbers. You could say that they could build a bigger school but that requires more land and materials leading to the same place.
The savings would be seen in decreased administration costs. One thing that is really quite upsetting though is that they built the new CBE building downtown where space and rent is at a premium - building it in the suburbs would be a much better option and work towards saving some money.
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