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Wednesday, May 15, 2019

What’s Round On The End And “High” In The Middle? Ohio’s $20K Finder’s Fee For Each TFA Corps Member. | Gary Rubinstein's Blog

What’s Round On The End And “High” In The Middle? Ohio’s $20K Finder’s Fee For Each TFA Corps Member. | Gary Rubinstein's Blog

What’s Round On The End And “High” In The Middle? Ohio’s $20K Finder’s Fee For Each TFA Corps Member.


Yesterday I reported that Texas pays TFA $5.5 million a year for 400 new recruits.  I speculated that TFA probably has similar arrangements in other states.  Today I learned that the latest Ohio House Bill 166 budget allocates $2 million a year for TFA.  A bargain?  Not quite.  While Texas gets 400 new TFA corps members a year, Ohio only gets 103 new corps members a year.  This works out to about $20,000 per corps member.
The entire HB 166 can be found here.
On page 3166 to 3177, lines 97517 to 97525 it says:
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As I mentioned yesterday, these states do not have to agree to this.  TFA is not going to close up shop just because these states refuse to subsidize them.  It is completely wasted taxpayer money.
This tip was sent to me by a reader in Ohio.  If you are in another TFA state and can find out what your state is paying per corps members, let me know.  Right now Ohio is the King Of The Hill at $20K per recruit.
What’s Round On The End And “High” In The Middle? Ohio’s $20K Finder’s Fee For Each TFA Corps Member. | Gary Rubinstein's Blog