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California School District to Spend $1 Billion to borrow $105 Million
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California School District to Spend $1 Billion to borrow $105 Million

California has lost 600,000 jobs in the last decade and has a $26 billion deficit. Their public schools aren’t performing well, with lower grades and graduation rates than students in other states. It makes sense that a community would want to invest in education, but one would expect reasonable return on investment.

08/13/2012