Is Adding School Debt Just Like Refinancing Your Home? [Michigan Capitol Confidential]
"Leon Drolet, chairman of the Michigan Taxpayers Alliance, said if the school is taking on new debt, it shouldn’t be compared to a refinancing.
“They are trying to trick voters into believing that they are not taking on new debt when they use that kind of language,” Drolet said.
“By suggesting it is a refinance as opposed to taking on new debt … it’s a bald-faced lie.”"
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