School districts are going into debt to keep up with technology
The Hechinger Report
APRIL 22, 2019
Issuing a 30-year bond to finance a new school building makes sense, says Ross Rubenstein, a professor at Georgia State University who specializes in public finance and education policy. Using long-term debt to pay for technology that may be obsolete in a couple of years, he says, is “like taking out a mortgage to buy groceries.”
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