How voucher dollars kept coming as a private school collapsed

How voucher dollars kept coming as a private school collapsed

An IndyStar examination of Todd Academy’s experience with school vouchers exposes a serious lack of basic fiscal controls in Indiana’s highly popular school choice system. While both traditional public schools and charter schools must open their budgets to public scrutiny, voucher schools are exempt from any financial vetting — to the point that even when mismanagement has been repeatedly alleged, state officials are loath to intervene.