Furious teachers at a recently shuttered Detroit charter school were notified Wednesday that they won't be paid thousands of dollars they earned during the last school year.
"Last Friday, Matchbook Learning became aware that the holders of MTA's outstanding bond debt are refusing to allow use of funds for any summer payroll and instead, are requiring that any available funds be used toward payment of the bond debt," Matchbook's CEO Sajan George told teachers in the email. "We are disappointed and deeply saddened by this development because this means funds will not be there for July or August payroll."
Source Chalkbeat
(Score: 0) by Anonymous Coward on Saturday July 29 2017, @02:14AM
It's Michigan. Betsy DeVos' Michigan.
There were state $$$ also going to the charter school because "school parity". The long-term goal and intent of DeVos' vision of their charter schools is to suck the money from the state to kill off public schools faster. Benefiting the main investors and players is goal #1. Any product (educated students) produced is secondary.