Debt Management: A Cautionary Approach

Ideas & Perspectives
Ideas & Perspectives

Volume 39

No. 15//

November 24, 2014

Since the economic collapse of 2008, money has been cheap. This is not the first time this has been so, but it is unusual that interest rates have remained low for so long. This has led school leaders—School Heads, Business Managers, and Trustees—to consider long-term financing to move their schools ahead, typically within the context of buildings and renovations. While tempting, we urge caution around debt financing.

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