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Reply to "PPP Loans"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]The problem is not the PPP loans for private schools.[/b] That makes sense. The problem was the PPP loans for charter schools. That made zero sense and seems like outright fraud. [/quote] Oh yes it is. These schools have huge endowments and did not need to to take the money. I applaud those that didn't and am ashamed for those that did. And on top of taking the loans they asked parents for their annual fund donations. What a crock.[/quote] Nice you have such detailed knowledge of every school’s finances and how they used the money or why they decided to apply. Please provide some details. Unless you’re just spewing uninformed BS. [/quote] A private schools financials are easy to find. Just Google it. And use Guidestar - it will give you all the salary information for a school's highest earners (and trust me, even long-term teachers don't make that cut). Also, every school employee who attends the annual meeting by the Head is told the school's endowment. It's not a big secret.[/quote] Endowment is irrelevant. They can't use it for whatever they want.[/quote]
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