The loan will not be paid off until current kindergarteners are in their mid-30s.

Twenty school districts in the Metro East rely on the state for 30 percent or more of their total revenue.

In trying to force a Chicago bailout, proponents of Senate Bill 1 are throwing hundreds of thousands of downstate and suburban students into limbo.

CPS’ 2017-18 budget shows cuts for many schools as student populations shrink, despite an increase in per-pupil spending for the district as a whole.

Senate Bill 1 is yet another unfair bailout of long-term mismanagement within Chicago Public Schools.

The special session will deal with Senate Bill 1, an education finance bill that contains an annual $215 million pension bailout for Chicago Public Schools.

Slush fund hits record amounts as Chicago looks to the state for a bailout.

Cash-strapped and debt-ridden Chicago Public Schools plans to increase per-pupil funding by roughly $200 a student over last year’s budget.

A bill that has passed the Illinois House and Senate would provide CPS with a $215 million pension bailout and other funding carve-outs.

Chicago Mayor Rahm Emanuel expressed little concern over Moody’s Investors Service’s announcement that it might downgrade Chicago’s already-junk-rated bonds over CPS budget problems.