http://www.jsonline.com/news/education/40064302.html:

Dramatic changes to a 7-year-old environmentally focused North Woods boarding school have alumni up in arms and parents frantic about finding new schools for their children.
Administrators for Conserve School in Land O’Lakes announced in January they were laying off about half the school’s 60-member staff as they begin transitioning to a “semester school” model, where students from other high schools attend for half their junior year.
The blame for the drastic alteration was placed on market conditions that have challenged the future of the young school’s $180 million endowment.
But parents, pointing out that the amount of the endowment puts the 145-student school on a per-pupil par with the likes of prestigious Northeast boarding schools Phillips Exeter Academy and Groton School, question the motives of the Chicago steel executives charged with running Conserve.
“My gut tells me, along with a number of other people, is what they are trying to do is they don’t want to run a school,” said Bill Meier, who has a sophomore son enrolled at Conserve. “It’s a pain in the rear to them.”
Meier and other parents have requested Conserve School trustees and administrators meet with them and a mediator to find a way to continue running it as one of only three boarding schools in the state.
Their efforts might be too late.
Conserve Headmaster Stefan Anderson said the school was not likely to stick with the four-year college preparatory academy model. The school already has contacted 80 other schools about the possibility of taking freshmen and sophomores who cannot stay during Conserve’s transition year, he said.