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Wednesday, July 15, 2020

Pittsburgh Charter Schools Take Federal Bailout Money Meant for Small Businesses | gadflyonthewallblog

Pittsburgh Charter Schools Take Federal Bailout Money Meant for Small Businesses | gadflyonthewallblog

Pittsburgh Charter Schools Take Federal Bailout Money Meant for Small Businesses



Are charter schools small businesses or public schools?
They can’t be both.
Several Pittsburgh area charter schools took a bailout meant for small businesses after already getting monetary relief meant for public schools.
The $660 billion federal initiative was intended to help businesses keep employees on the payroll and off unemployment benefits during the COVID-19 pandemic. The loans will be forgiven if businesses meet certain conditions such as retaining or rehiring employees.
However, charter schools – including those in the Pittsburgh region – already should have received financial relief through the federal CARES Act.
Pennsylvania got $523 million to distribute to both authentic public schools and CONTINUE READING: Pittsburgh Charter Schools Take Federal Bailout Money Meant for Small Businesses | gadflyonthewallblog