by David SafierI'm a bit late on this one, since it's in this morning's Star. In case you missed it, today's Star editorial slams the legislative special session which was called to create a new tuition tax credit, then it goes after Yarbrough for all the money he's pulling out of his School Tuition Organization, … Read more
by David SafierThe media has been writing about a special session to create new tuition tax credits, and it has jumped on the story that Steve Yarbrough is doing very well financially with his own STO. I've been covering the same territory in greater depth and detail. But you can't follow the story unless you … Read more
by David SafierCommenter MindlessMama makes a good point about the need for stricter regulation of STOs. As I read this, it makes me think there's a big opening for fraud. I'm not suggesting that's the case w/Yarbrough's STO. But we see what a lack of oversight has yielded for our mortgage industry, kids. So what … Read more
by David SafierI've posted about the many ways Steve Yarbrough makes money from his Student Tuition Organization, ACSTO, each year. As Executive Director, he brings in $96,000. As legal counsel, he brings in upwards to $60,000 (That's the total ACSTO spends on legal fees, some or all of which goes to Yarbrough). And his company, … Read more
by David SafierToday, the legislature is supposed to go into special session, if it hasn't already, to talk about creating that new tuition tax credit to pay tuition for the children whose state-approved vouchers were shot down by the State Supreme Court. The special session is Yarbrough's baby. The question is, how did he get … Read more