Rising Interest Rates Help or Hurt Schools?

(from EdWeek) School finance leaders hope the Federal Reserve’s recent interest rate hikes will provide fiscal relief as they strain to keep up with persistent inflation—but some also will find that the interest rate hikes only deepen their problems. Schools, like everyday consumers, are seeing increased prices of construction materials,  fuel, energy, and classroom supplies. Debt used to finance construction is perhaps the biggest factor impacted by rising rates. A silver lining is that reserves could grow with higher rates. 

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