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NEWS & COMMENTARY

Let's Face Facts: CPS is Insolvent. What Should Happen Next

December 02, 2015

Chicago Public Schools, the third-largest school system in the United States, is facing what has been described as a budget disaster. However, the word "disaster" is a misnomer. An avalanche is a disaster. A volcano is a disaster. The natural world produces disasters as sudden events with unexpected outcomes.

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