The New York Times: Private Schools Cashed in on P.P.P. Funding
This spring, when the federal government disbursed billions of dollars in emergency pandemic funding, the traditional K-12 public schools in Los Angeles got an average of about $716,000.
But Accountable.US — a nonpartisan watchdog organization that gathered the aforementioned statistics on L.A., New York and Washington schools — says it still needs to address loopholes that hide equity issues, make the program vulnerable to potential fraudsters and continue to let the well-connected cash in loans. And minority-focused lenders are raising similar concerns. This fight is far from over.