Of course. But NINE TIMES the principal in interest??
They signed on the bottom line, didn’t they? I’ll bet you each board member responsible ran an election campaign stating they were the best qualified to lead the district. So, it doesn’t matter that the repay amount is 9 times the amount borrowed, they agreed to the contract. Perhaps, it is time to tweak the law a bit to make school boards liable for fiasco’s like this.
Perhaps then the Democrat Politician Incubator’s, also known as an elected school board position, will cease being the entry level position for would be congressmen and other incompetent politicians. Make them pay for their early mistakes before they head off and cause the rest of America trouble.