The New Exchange / Sen. Wagner loans to Charter School

**Posted by Common Sense** 1/21/2016 3:02 pm

TraderJay wrote:
http://www.ydr.com/story/news/politics/2016/01/18/wagner-loan-update/78967878/

A public servant loaning money to a for profit school. Is it just me or do (R) politicians want to undermine all public expenditures? It seems that whether you talking about charter schools or water sources containing lead (Flint) the (R) brand will do anything that seems to go against the common good.

Senator Wagner loans close to a million dollars to keep a school open and people want to bitch about it?

Stunning.............................
I really don't think anything would make you happy.

**Posted by Common Sense** 1/21/2016 3:27 pm

Sen. Wagner loans more to Thackston Charter by Common Sense
1/18/2016 4:05 pm 1 2

**Posted by TraderJay** 3/14/2016 10:27 am

Remember what I said in post #6, need any more convincing ?
http://www.prwatch.org/news/2016/03/13054/cashing-kids-172-alec-education-bills-2015

**Posted by opendoug** 3/15/2016 12:57 pm

One of my favorite love-to-hate villains from cinema is Henry F. Potter from It's a Wonderful Life. Everything he does is self-serving, conniving, and manipulative. And, of course, he never misses an opportunity to make himself look good in the process.

Is there a parallel between Mr. Potter, who withheld the bank's misplaced money in order to swoop in and "save" them and eliminate George as competition, and Mr. Wagner, who has led the Republican movement to withhold school districts' money and has now swooped in to "save" a struggling charter school to make Governor Wolf look bad?

It's certainly a slanted take on the situation, but it seems to fit.

Last edited by opendoug (3/15/2016 12:58 pm)

**Posted by Common Sense** 3/15/2016 2:47 pm

Guess everyone would have been happier to just let the school go bankrupt and close!

**Posted by Common Sense** 4/01/2016 6:56 am

Thackston school expects to repay Wagner soon

http://www.ydr.com/story/news/education/2016/03/31/thackston-school-expects-repay-wagner-soon/82491844/

Helen Thackston Charter School expects to repay its loan from state Sen. Scott Wagner now that the York school has received funds from the state.Helen Thackston Charter School expects to repay its loan from state Sen. Scott Wagner now that the York school has received funds from the state.

Danyiell Newman, the charter school's board president, said that the school recently received about $1.9 million in overdue tuition payments.Most of the school's students come from York City School District, but instead of receiving payments from the district, the charter school has instead asked that they come from the state. The state then deducts the tuition from York City's subsidy.Newman said the school borrowed a total of nearly $1.2 million from Wagner to keep operations moving while the state budget impasse stretched on. Almost $500,000 has already been repaid.

The charter school is in discussions with the school districts about returning to the traditional arrangement of billing the district directly for students who attend Thackston, Newman said.The Thackston board is expected to get information on next year's budget in April.

Last edited by Common Sense (4/01/2016 6:57 am)

**Posted by Brady Bunch** 4/01/2016 5:06 pm

I'm not sure what Wagner's motive was in this situation, but I am glad the school didn't close and there was minimal effect on the students and their education wasn't disrupted.

**Posted by Tarnation** 4/01/2016 5:16 pm

Nor did Logos Academy or any number of community improvement non profits (Community Progress Council, Salvation Army, Crispus Attucks, etc) receive a loan from the good Senator.

All of them were hurting, some to greater degrees than others, by the budget stalemate.