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The overhead costs of caring for the horses are extremely high, and don't change when students have to miss a lesson. The horses' costs are the same each month regardless of whether students attend every lesson. On average, we have one student per day has to cancel their lesson. If every one of those students were given credits towards their tuition the following month, we would not earn enough to cover the costs of the horses.  To earn consistent revenue to maintain the horses, we use a monthly tuition payment system and offer makeups for missed lessons. The tuition price is the same regardless...

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