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Leader Commentary by Mark Guydish Wilkes-Barre July 18, 2012
Area schools face new threat
Under new rules, state subsidy can be cut when students who win scholarships opt out.
The law, dubbed the Financial Recovery Legislation for Schools, allows the secretary of education to declare districts meeting certain criteria as distressed and to appoint a chief recovery officer, who will be charged with developing a financial recovery plan.
By implementing the plan, the districts are eligible for long-term, interest-free loans.
Chester Upland is among four districts across the state that currently meet the criteria to be declared distressed.