$500 Million Deficit and $17.4 Billion Debt: Chicago Public Schools’ Financial Crisis Deepens
Chicago Public Schools is facing a severe $500 million budget deficit and potentially worsening debt from a high-interest loan. High-Interest Loan Could Worsen Debt Crisis According to the report of The Center Square, Chicago Public Schools (CPS) is facing a big $500 million budget shortfall and Mayor Brandon Johnson is considering a high-interest loan to … Read more