Airing on Monday, June 23, 2015: Massachusetts has scrapped the decades-old method of defining low-income students in public schools based on income information submitted on applications for free and reduced-price lunches. The new measure relies on whether families receive benefits like food stamps, and it has “reduced” the number of kids classified as poor. Marketplace looks at this new assessment, its potential impact on school funding and whether it will catch on in other states. Next, Darden Restaurants, owner of Olive Garden and LongHorn Steakhouse, announced plans to separate part of the business into a real estate investment trust. Marketplace looks at how this spin-off/lease-back works and how it makes money for Darden and other companies using it.
Airing on Monday, June 23, 2015: Massachusetts has scrapped the decades-old method of defining low-income students in public schools based on income information submitted on applications for free and reduced-price lunches. The new measure relies on whether families receive benefits like food stamps, and it has “reduced” the number of kids classified as poor. Marketplace looks at this new assessment, its potential impact on school funding and whether it will catch on in other states. Next, Darden Restaurants, owner of Olive Garden and LongHorn Steakhouse, announced plans to separate part of the business into a real estate investment trust. Marketplace looks at how this spin-off/lease-back works and how it makes money for Darden and other companies using it.