The Chicago Teachers Union went on strike despite an offer that would boost average pay to nearly $100,000. Here’s who is getting hurt and the true costs of the strike.

While the city, Chicago Public Schools and taxpayers are all at financial risk from Chicago Teachers Union demands, it is ultimately students who will pay the highest price if the union strikes for the third time in seven years.

Property tax collections for Chicago Public Schools have grown nearly twice as fast as the typical Chicago household income.