Harvey,
Those who can’t do math will eventually have to go to work for those who can.
This is a very good deal that PUSD has gotten into. Hooray to all new home buyers in 4S & other PUSD neighborhoods.
Lets see, PUSD gets money now and promise to pay 20 years from now and even that is at a slightly higher interest rate. What is not to like in this plan?
Of course, I would not be a lender for such a risky idea, but kudos to PUSD for finding suckers to give them money.
Now, if only I could get a similar deal myself!
It is sad to see Voice of San Diego joining in this manufactured outrage though.
