So, the city took out this huge loan which seems like a sortof good idea. On the one hand, the refinancing should help out with their last loan but on the other hand, it seems a little like we're still paying off our undergraduate degree in psychology and have decided to get a Master's degree...at 30k/year. I guess I would be less worried if I knew exactly what all of this money was going to be spent on.
Also, Linden Academy has had to cut back on its science program. Seriously.
And none of this huge loan is going to help out with the city of Pittsburgh public schools.
This seems a little crazy to me...but maybe it's just me?