Yes, education is a worthy investment. But do we get an outstanding return on our investment? What do the bond consultants get paid? How much is the principal and interest?
If you do not have funds in reserve to maintain your home,then it is time to rethink your budget. We are told the monies are needed to build and maintain. If the money is not there now, after the new facilities are constructed, how do they expect to maintain the new buildings? Bonds are not a panacea for deleted budgets. If your household is in the red, taking out a loan is not a long-term solution.