Portfolio Strategy identifies the
entire city as the unit of change with respect to school reform, and tasks
education and civic leaders with developing a citywide system of high - quality, diverse, autonomous public schools.
Fortunately, given that interest rates are still at historic lows, the
Education Department can lock in a bargain - basement cost to refinance its
entire loan
portfolio rather than continuing to game the yield curve where higher - priced, longer - term student loans are financed with lower - priced, shorter - term government borrowings.