Emergency Loans Are Costing US Schools Millions — and Lining Wall Street Pockets

by | Jun 19, 2026 | budgets, education, education funding, Government Shutdown, Op-Ed, Pennsylvania, Republicans, Schools, Wall Street

In school districts from Pennsylvania to Illinois, Kentucky to West Virginia, state and local budget delays are putting the pinch on classrooms and costing districts tens of millions of dollars in additional borrowing fees — money going straight to Wall Street. In effect, political failures like budget delays, faulty tax software programs, or just political impasses are forcing some of the…
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