Carmen News & Blog

Choice, Charter Schools Get Big Payday

July 11, 2020 by Ruth Conniff, Wisconsin Examiner

in News

When the federal government created its small-business loan program in response to the COVID-19 pandemic, it was clear from the start that public schools would not be eligible for the aid.

But data for Wisconsin released on Monday shows a large number of voucher and charter schools that describe themselves as public schools, and receive public money, have also received millions of dollars in Paycheck Protection Program (PPP) loans meant for small businesses.

Under PPP rules, they will probably not have to pay the money back.

Nonprofit organizations are eligible to apply for PPP loans (which is how Harvard University received millions of dollars it later returned after a public outcry).

Read the full article on urbanmilwaukee.com

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