Chicago Public Schools

Don’t buy mom Illinois bonds for Christmas

12/19/2013
Would you invest your mother’s money in municipal bonds? In a recent interview on Fox Business News, host Gerri Willis asked me that very question. It didn’t take me long to say I’d certainly do my homework first. Based on the growing number of city bankruptcies from Alabama to Rhode Island to California, it’s clear to me...

Pension proposal a move in the wrong direction

By Paul Kersey
12/03/2013
House Speaker Mike Madigan’s latest pension proposal is a giant step backward. The overall effect of this plan would be to leave Illinois pensions worse off than they are today – and that’s saying something, considering the state has $100 billion in official pension debt. If this plan passes, both taxpayers and government employees will...

TAGS: pensions

Illinois legislators introduce bills to kill the state charter school commission

11/14/2013
The state charter school commission is under attack. State Rep. Linda Chapa LaVia, D-Aurora, has contempt for the state charter school commission, even though she voted for its creation more than two years ago. It was on full display the last time Jeanne Nowaczewski – the commission’s executive director – appeared in front of the...

TAGS: Charter Authorizer Task Force, charter schools, ISBE: Illinois State Board of Education, Jeanne Nowaczewski, Kimberly Lightford, Linda Chapa LaVia, school choice, vouchers

Fitch Ratings: Chicago approaching “inflection point”

11/12/2013
Triple-notch credit downgrades for government entities are supposed to be rare. They normally happen only in response to major financial events, such as a sudden fiscal emergency. But Chicago just received its second triple-notch downgrade in just six months. And that spells trouble for Chicago taxpayers. Citing skyrocketing pension costs and a lack of meaningful...

TAGS: Chicago, Chicago Park District, Detroit, downgrade, pensions

It’s time to stop misleading parents about the quality of Illinois schools

11/06/2013
State government officials, district administrators and union bosses have been actively misleading parents about the quality of Illinois’ elementary schools for years. New Illinois Standard Achievement Test, or ISAT, scores released last week by the Illinois State Board of Education, or ISBE, prove as much. In fact, most schools across the state experienced significant drops...

TAGS: Common Core, CPS: Chicago Public Schools, Illinois Standard Achievement Test, ISAT: Illinois Standards Achievement Test, ISBE: Illinois State Board of Education

Trapped in Chicago’s worst schools: Education outcomes in Chicago’s lowest-performing public schools

10/24/2013
THE PROBLEM More than 21,000 students in Chicago Public Schools, or CPS, are being left behind. They are attending schools that fail to prepare them for life. A majority of students attending the lowest 10 percent of elementary schools and high schools in Chicago don’t have basic competence in reading, science and math. They’re significantly...

TAGS: CPS: Chicago Public Schools, CTU: Chicago Teachers Union, Illinois Standard Achievement Test, ISAT: Illinois Standards Achievement Test

New Chicago Public Schools promotion policy moves students ahead, but leaves them behind

10/18/2013
Every year, thousands of struggling Chicago Public School, or CPS, students are sent on to the next grade despite the fact that administrators and teachers know they aren’t ready – and they are destined to fall further behind. Research shows that promoting students before they are ready can have devastating long-term effects. In fact, unprepared...

TAGS: CPS: Chicago Public Schools, CTU: Chicago Teachers Union

Number of Illinois union bosses earning six-figure salaries continues to grow

By Paul Kersey
10/16/2013
In Big Labor mythology, union leaders are gritty, idealistic working class people standing up to the arrogant and wealthy. In reality, running a union is big business, and a union gig can mean making a pretty good living. Illinois teachers unions can be particularly generous with compensation. In “The Labor Book,” we looked at government...

TAGS: AFSCME: American Federation of State County and Municipal Employees, IFT: Illinois Federation of Teachers, SEIU: Service Employees International Union