Pennsylvania School Of Business Closing In Allentown

English: City of Allentown from east side

English: City of Allentown from east side (Photo credit: Wikipedia)

With its enrollment battered by the recent elimination of federal aid to students who lack high school diplomas, the Pennsylvania School of Business in Allentown will close next year, the school announced Thursday.

“We lost 50 percent of our incoming people,” PSB President Michael O’Brien said.

While it enrolled all types of students, the school specialized in helping those without high school degrees, O’Brien said.  With federal aid to those students eliminated as of July 1, 2012, enrollment plunged.  Over the last few days, school officials decided to close the doors in January, after the fall semester.

O’Brien informed students of the decision Thursday.

Read more: http://www.mcall.com/news/breaking/mc-psb-pennsylvania-school-of-business-to-close-20130912,0,52610.story

State Auditor General Rips Reading School District

Map of Berks County, Pennsylvania, United Stat...

Map of Berks County, Pennsylvania, United States Public School Districts (Photo credit: Wikipedia)

They very well may be the worst accounting practices in the state.

That was Pennsylvania Auditor General Eugene DePasquale‘s assessment of the financial situation in the Reading School District, which he shared during a press conference Friday in Reading.

“To be direct,” he said, “the Reading School District has failed its students, failed the children of Reading.  It has failed the taxpayers.”

DePasquale was in the city to release the findings of a major audit his department did on the school district.  The audit was the result of requests by local legislators to investigate the district following the discovery of a more than $15 million accounting error in December.

Read more:  http://readingeagle.com/article.aspx?id=474980