District loans students $28,000 for g...

District loans students $28,000 for goat farm

There are 62 comments on the The Indianapolis Star story from Oct 29, 2007, titled District loans students $28,000 for goat farm. In it, The Indianapolis Star reports that:

High school students who created a business plan detailing the market potential they see in the rising demand for goat meat in Indiana will get a $28,000 school district loan to open a goat farm.

Join the discussion below, or Read more at The Indianapolis Star.

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Indy East Bob

Indianapolis, IN

#1 Oct 29, 2007
TOP STORY!! Good to see positive ways our Kids can learn. Maby IPS should take notes??
asdf

Minneapolis, MN

#2 Oct 29, 2007
this is a fantastic idea. In my high school we ran the school bookstore/candy store. That gave some real world experiene, but this is a far better idea. Lets hope the idea catches on.
New Palasteen Farmboy

Schiller Park, IL

#3 Oct 29, 2007
Applause for farm. But in the real world the kids would have to make enough money to pay themselves a salary in addition to the loan repayments (plus market rate interest).......
FFA Parent

Bloomington, IN

#4 Oct 29, 2007
Congrats to Owen Valley students. My child is a member in the Owen Valley FFA and she will greatly benefit from the goat farm. WAY TO GO!!!!
southern indiana farmer

Bloomington, IN

#5 Oct 29, 2007
Good idea!!! I like it. This will show them what to expect in the real world of life. Maybe other schools need to take a look at this. I look forward to seeing the goat farm start and watching kids develop into the business world. Good luck!!!
First thought

AOL

#6 Oct 29, 2007
What a great thing!
superchief

Mesa, AZ

#7 Oct 29, 2007
What a great idea. Good to see a article positive about teenagers. But, 10 to 1 some damn bureaucrat will stick his/her nose in and find a way to screw thing up; taxes, environmental, or some other nonsense. I' afraid they'll run afoul somewhere.
Brave

Carmel, IN

#8 Oct 29, 2007
Good job! Finally tax money spent on a program that will teach kids about something other than basketball, football, seimming, diving, etc. Will the superintendent of the Owen please apply for the IPS job. We need somebody who can give IPS some adult supervision and not be a sneaky snoot.
education

AOL

#9 Oct 29, 2007
interesting. Yesterday, I along with several others posted a negative comment and they have all been removed. Interesting.

Where does the school come up with 28K lying around. That is our tax money being used to compete with some other taxpaying businesses.

Schools are great for teaching. I think there would be much less expensive ways that could teach these principles without competing with legitimate businesses and using our hard earned tax money. Take a lesson from Donald Trump's The Apprentice on simple ways to teach.

Is this "real world" way of teaching including salaries, rent of the property, utilities, vet bills, Department of Health visits, all applicable tax payments, etc? I hope so.
education

AOL

#10 Oct 29, 2007
I think I would like to move my daughter into this school system so I can get a sweetheart business loan. Of course, she will be the primary business owner so that we can keep this an educational experience.
education

AOL

#11 Oct 29, 2007
A note to superchief. Bureaucrats are "real life" that other legitimate goat farmers have to deal with. How do you explain why it is fair for some to have to deal with them and not others.
Lorena

Mccordsville, IN

#12 Oct 29, 2007
Have a blessed day everyone.
Tim

Indianapolis, IN

#15 Oct 29, 2007
Great idea! Not exactly front page news, but I suppose it's better than reading about who's been shot and who's suing whom.

Go students!
Its a BAAAAAAAD idea

Dallas, TX

#16 Oct 29, 2007
It sounds like a BAAAAAAAAAAAAAAAAAAAAAD idea!

What if they eat the shirts right off the line?
traben

Grove City, OH

#17 Oct 29, 2007
I think this is a wonderful idea. And keep in mind the school board is not just "handing" these kids the money, they have to pay it back. It will give them some real world experience and responsiblilty and maybe in the future help to raise more money for the school district. So try to stop thinking about everything in terms of "tax dollars" and think about the kids.
Andy

Indianapolis, IN

#18 Oct 29, 2007
I can't believe anyone can find something negative about this. But then again, reading these forums for just a day will make you realize the sad general negativity of most of the people on them.

A $28k LOAN is not a big deal. While you're worried about "your" tax money being spent, this project could pay dividends tenfold. Perhaps one of the students really excels and instead of moving out of state after high school or college, decides to open an Indiana goat farm. Perhaps the goat farm is so successful that they not only repay the loan quickly but also contribute money annually to the school's general fund.

But I should know that these forums are just filled with spiteful people who berate any kind of spending or project b/c it wasn't a handout directly to them.$28,000 is pocket change in the long run. I'm sure if you knew how much the average high school spends on football pads this INVESTMENT wouldn't even raise an eyebrow.
Joe

Brownsburg, IN

#19 Oct 29, 2007
That is our tax money being used to compete with some other taxpaying businesses.

The article stated that 98% of the goat meat sold in Indiana was imported. So they are most likely not competing with Indiana farms. Also, how is this different than a bussiness incubator or throwing money from an Econmic Development Council at someone to start a farm?
Hahahaha

Indianapolis, IN

#20 Oct 29, 2007
education wrote:
Where does the school come up with 28K lying around. That is our tax money being used to compete with some other taxpaying businesses.
Wow, you and Brick Tamland really are on the ball. First of all, in case you didn't quite pay attention, it is a LOAN. How exactly is that taxpayer money lost if it is going to be paid back? Are you saying that the government shouldn't lend money to small businesses to get started because they might compete with businesses are already there? Gee, would sure hate to see new businesses grow and there be actual competition.
education wrote:
Schools are great for teaching. I think there would be much less expensive ways that could teach these principles without competing with legitimate businesses and using our hard earned tax money.
Yes, why teach kids the proper way to run a business and be responsible for their actions when you can just stick them in a classroom and talk to them all day. How could they possibly learn anything by actually doing it. What exactly makes their business less legitamate than others already out there? And for the second time. IT IS A LOAN!!!
education wrote:
Is this "real world" way of teaching including salaries, rent of the property, utilities, vet bills, Department of Health visits, all applicable tax payments, etc? I hope so.
Yes, it does. It is called a Supervised Agricultural Experience and Ag teachers and the FFA have been successfully doing it for over 50 years. This farm will be successful, it will turn a profit, it will pay back the loan ahead of schedule, and this program will produce top quality students who will probably know how to run a business better than you do.
Gary

Cincinnati, OH

#21 Oct 29, 2007
If they wanna learn about goats, let'em join 4-H !!!
Gary

Cincinnati, OH

#22 Oct 29, 2007
If it's a loan, who is responsible for repayment if the experiment fails? Or will it just be written off?

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