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You might call it “kicking the can down the road.” But one Philadelphia investment advisor went even further in describing California school districts, like the one in Poway, that are funding construction projects with high-interest bonds that don’t have to be paid off for a generation.
Gov. Chris Christie, the New Jersey Republican, has signed a bill overhauling the state’s tenure system for public school teachers.
As a rising high school senior, you may see the summer before your final year of high school as one filled with as much fun as possible. You’re likely having your senior photo taken for the high school yearbook, and you may be working one of your very first jobs. You certainly want to hang out with your friends as much as possible. However, not using the time to do some planning for your college career would be a serious mistake.
“For the federal government to pump extra tuition money into the system, in the form of low-cost loans, in order to spread opportunity more widely, and to allow more schools to provide more than skills instruction, seems like a small price to pay for the kind of society it buys.” 
As expected, Congress voted to prevent federal student loan rates from doubling on July 1. It was hard to imagine even this gridlocked, highly-partisan group of lawmakers letting student loan rates double in an election year. There was posturing on both sides, but the deal was reached just under the wire. And both parties are claiming credit for avoiding a sharp hike in interest rates for an estimated 7.4 million students.
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