In this post, I offer two documents published by Moody’s Investors Service for perusal of any readers who wish to view them.
The first is a 16-page, November 2015 report on the credit weaknesses in numerous Michigan school districts:
I will highlight only one section of the above report; the section is entitled, “Competition from Schools of Choice Benefits Some Districts at the Expense of Others.” Two issues caught my attention. The first is that the article includes stats from the Mackinac Center, which I wrote about in this March 2016 post, and which has pushed for emergency managers in Michigan and is funded by the Dick and Betsy DeVos Foundation. The second is the final statement of the excerpt about school choice not being “a reliable option” for “maintaining revenue” in struggling school districts:
Competition from Schools of Choice Benefits Some Districts at the Expense of Others
View original post 678 more words