Something is terribly wrong when banks and other financial institutions make obscene profits by making loans to build schools.
Can’t government figure out a way to pay to build schools without enriching investors and bankrupting school districts? How do other nations do it?
Diane Ravitch's blog 
Why would anybody stay on a school board with no pay for 20 years? Why do political figures sit on school boards? Hmmmm.
In our area, they insisted on busing kids. Schools were not over crowded. No racial balance had to be made. It was so teachers of the same grade level could compare notes. That must have great value, because busing is 11% of the entire budget.
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I tweeted this out back in August, I’ m glad to see that NPR opted to cover it and bring it to everyone’s attention. This article has some really cool charts that drives home the impending disaster.
http://www.voiceofsandiego.org/education/article_c83343e8-ddd5-11e1-bfca-001a4bcf887a.html
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“Can’t government figure out a way to pay to build schools without enriching investors and bankrupting school districts?”
Well, it could raise taxes. But voters don’t like that, so government prefers not to do it. Or it could cut services. But residents don’t like that, so government prefers not to do it. It can’t print money, because San Diego doesn’t have its own currency. So government borrows money, even if it’s not a great long-term idea. And if it can borrow with a structure that keeps the debt on its books low in the near-term (which is what cap appreciation bonds do), it will probably do it, because for the reasons above, government knows it’s going to have to borrow more soon.
So let’s not pretend government doesn’t have this figured out.
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This is not evidence in favor of public management of schools.
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Maybe it’s evidence of the voracious nature of the capitalist system under which we are enslaved.
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Why doesn’t the govt. allow private people to bypass many regulations and build or occupy vacant buildings and offer programs that also bypass many educational requirements. OOPS!! They already do!! They are called Charter Schools
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