States help charter schools focus funding on kids

Is it possible to put more dollars into charter school classrooms without increasing the cost to taxpayers? A new study by LISC and Charter School Advisors on the charter school bond market says it is. Three states have developed programs that extend their strong credit ratings to qualified schools so they can raise low-cost capital to build and expand. That saves schools millions of dollars in borrowing costs that are then redirected to meet the needs of teachers and kids. LISC’s Reena Abraham noted that academic performance is a key indicator of credit quality. “Good schools have proven to be good investments.”

Read More

Share with your followers
Share on FacebookTweet about this on TwitterShare on LinkedInShare on Google+