Friday, December 20

Tag: funding

School Choice Dies in Illinois
12Nov By adminNo Comments
Business

School Choice Dies in Illinois

Sometimes the worst political scandals occur in plain sight, even if most of the press corps chooses not to notice. That’s what happened last week in Illinois, where the Democratic-union machine killed scholarships for 9,600 low-income children. The state and national teachers union made a priority of blocking an extension of the Invest in Kids program that provided a 75% state tax credit for donations to help families afford private schools. The unions claim the credit drained money from public schools, but public funding has increased nearly $2 billion since Invest in Kids began under former Gov. Bruce Rauner. Only 35% of Illinois children read at grade level, according to Wirepoints, so no wonder there are more than 20,000 children on the Invest in Kids waiting list. Copyright ©2023 Do...
Read More
Incred: Fintech firm InCred 2nd unicorn in ’23 after Zepto
10Nov By adminNo Comments
Business

Incred: Fintech firm InCred 2nd unicorn in ’23 after Zepto

BENGALURU:InCred Holdings, the parent of InCred Financial Services, has turned a unicorn (valued at over $1 billion) after it raised Rs 500 crore from a clutch of investors including a global PE fund, corporate treasuries, family offices, and ultra high net-worth individuals (UHNIs).The fintechcompany, however, didn’t disclose the names of the investors.Thefunding would be deployed across InCred’s core business verticals: consumer loans, student loans, and MSME lending.Incred is the second startup to enter the Indian unicorn club in 2023 after quick commerce platform Zepto (August fund-raise).“Our goal is to make InCred a central part of every Indian family’s financial aspirations, in line with the powerful growth seen by the Indian economy, and to eventually list the business unlocking s...
Read More
School leaders say state is shortchanging them money and vouchers will make it worse – NBC 5 Dallas-Fort Worth
30Sep By adminNo Comments
Money

School leaders say state is shortchanging them money and vouchers will make it worse – NBC 5 Dallas-Fort Worth

School districts are starting to talk tough about the lack of money they’re getting from the state of Texas.   Southlake’s Carroll ISD says they’re going to sell land because the state isn’t giving them enough money to operate and they’re not the only ones. "Texas ranks 43rd, 43rd in per pupil funding," said Texas Association of School Administrators President LaTonya Goffney. Superintendents and school board members from across Texas are in Dallas this week for a convention, and dozens of them from big and small towns, left and right learning, stood together to say the state’s not giving them enough money. They added plans to let parents use state money to pay for private school, will take a bad situation and make it worse. "There's only so much in a savings acco...
Read More