MLS as self-funded school?

WELS Synodical Council has offered to sell MLS to any group for $1 to operate MLS as a self-funded school. Is any group forming to do so?

What would it cost to operate MLS?

There are 34,000 communicant members in Michigan District. Let's say that translates to 10,000 Michigan families who are potential donors.

If we assume that cost of operating MLS is same as Synod subsidy ($2,000,000), then cost would be $200 per Michigan family to keep MLS doors open as self-funded school. Since most MLS graduates never serve in public ministry, most probably remain in Michigan, benefit local congregations as lay members, and would be prone to support their alma mater financially.