Because they must renew their contracts with the state after five years and don't have collateral like traditional school districts, charters also have a harder time borrowing money from banks. (mystatesman.com)
Because they must renew their contracts with the state every five years and don't have collateral like traditional school districts, charters also have a harder time borrowing money. (mystatesman.com)
Those people will have an easier time borrowing money in the future than those who did not. (badmoneyadvice.com)