As Charter School Bond Sales Rise, Pennsylvania Fight Shows Risk

Updated on
  • Governor sought charter school cuts in distressed district
  • Charter debt sales hit record in 2014 as buyers sought yield

At Chester Upland School District, one of Pennsylvania’s poorest, the receiver appointed by Governor Tom Wolf to oversee its finances moved to cut $25 million from the charter schools that teach more than half of its 7,200 students outside of Philadelphia.

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