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School districts should stay out of banking 

We think that the low-interest mortgage that the San Luis Coastal Unified School District board is offering the superintendent is ill advised.

If board members feel that he can’t afford to buy a house in SLO on his salary, how do they expect their faculty and staff to buy homes in SLO on one third of the superintendent’s salary?

Yes, he may be doing a great job, but so are their faculty and staff.

The board should stick to the education field, not meddle in the banking business.

 

Michael Botwin, professor emeritus, Cal Poly

Caroline Botwin, former San Luis Coastal Unified School District board member

-- Caroline Botwin - San Luis Obispo

-- Caroline Botwin - San Luis Obispo

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