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Chicago Public Schools

Chicago Public Schools
A collection of news and information related to Chicago Public Schools published by this site and its partners.

Top Chicago Public Schools Articles

Displaying items 23-33
  • Chicago Public Schools: A teaching moment about risk

    Chicago Public Schools: A teaching moment about risk
    In recent years Chicago Public Schools joined the rest of the country in getting scorched by the Great Recession. It looks like the district got outplayed by its bankers too. "Borrowing Trouble," a three-part series by the Tribune's Jason Grotto and...
  • CPS must recover losses from toxic financial deals

    CPS must recover losses from toxic financial deals
    Two years ago Chicago Public Schools officials and Mayor Rahm Emanuel claimed they had to close more than 100 schools to save money. It turns out that the costs of the closings, along with the installation of countless Safe Passage routes to protect...
  • Banks kept CPS in shaky bond market

    Banks kept CPS in shaky bond market
    As investors across the country grew disenchanted with the risky auction-rate bond market in summer 2007, Bank of America officials became concerned that more trouble might lie ahead. Auction-rate securities had been richly rewarding for BofA and...
  • Illinois lawmakers opened door to risky CPS bond deals

    Illinois lawmakers opened door to risky CPS bond deals
    The legislation paving the way for Chicago Public Schools to issue $1 billion in risky debt arrived on the Senate floor with little explanation. The sponsor, Sen. John Cullerton, told fellow lawmakers that his grasp of the bill was limited. "I hope...
  • How's your school doing?

    How's your school doing?
    Illinois schools no longer are labeled as failures or successes based on standardized test scores, as they were under the federal No Child Left Behind Act. Schools now will be judged on a powerful set of measures that help parents and teachers know if...
  • How the Tribune analyzed CPS' bond deals

    How the Tribune analyzed CPS' bond deals
    When Chicago Public Schools officials embraced auction-rate borrowing over traditional fixed-rate bonds, their goal was to save money for the financially strapped district. From 2003 through 2007, the district issued auction-rate bonds four times,...
  • Risky bonds prove costly for Chicago Public Schools

    Risky bonds prove costly for Chicago Public Schools
    Fresh from the world of high-stakes trading, David Vitale arrived at Chicago Public Schools a decade ago with a plan to transform the way it borrowed money. With the district thirsty for cheap cash, plain old municipal bonds weren't good enough anymore,...
  • CPS resisted sharing financial data with public

    CPS resisted sharing financial data with public
    Chicago Public Schools' spending is financed by taxpayer dollars, but it took months of effort by Tribune reporters and attorneys to obtain details about the district's borrowing history and how much it spends in interest on its massive debts. The...
  • Cash-strapped Chicago schools eager for more sponsorship deals

    Strapped for cash, Chicago Public Schools said Friday it's looking for a company to line up revenue-generating sponsorship deals that could include naming rights for stadiums, ball fields and auditoriums. The district on Tuesday will request proposals...
  • Most public school students aren't prepared for college work, data show

    Most public school students aren't prepared for college work, data show
    With top test scores and high graduation rates, Glenbrook North High School in Northbrook sees almost 90 percent of its graduates go off to college. But it's another story in a small community just south of the Wisconsin border, where only about half of...
  • South Side high school could get new life after advocacy

    South Side high school could get new life after advocacy
    Dyett High School on the South Side, slated to be closed at the end of the school year despite strong community opposition, could see new life. Chicago Public Schools said Friday that it will solicit proposals for a new, open-enrollment high school at...