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The www.FedPrimeRate.com Personal Finance Blog and Magazine

Wednesday, August 27, 2008

Is Leasing A City's Waste Treatment Plant A Good Way to Raise Cash for Students?

Mayor Don Plusquellic of Akron, Ohio has an ambitious plan to help graduates of Akron's public high schools pay for college and trade school. The plan: lease the city's waste treatment facility to a private contractor and generate as much as $200 million.

Yeah, I know. You're thinking that maybe this story is a hoax, that it belongs in the Onion. But it's not. Click here to read the AP story.


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