It wasn't until I got to the last paragraph of today's Chicago Sun Times story (pg. 3) that I really felt the pain of CPS, the students, and what is happening to public education. Oh, I was none too pleased to hear that UNO, the large charter school operator in Chicago, is under investigation by the Securities and Exchange Commission regarding $37.5 million raised by selling state backed bonds. It was sad to see that their alleged mismanagement has resulted in having the State of IL. freeze $15 million in UNO funding.
This organization has come under scrutiny on a number of occasions and has had state school-construction grants frozen on a couple of occasions.
But the dismaying fact of this ongoing chaos is the fact that most of UNO's operating budget, as the Sun Times noted, "comes from the Chicago Public Schools, which gives UNO tens of millions of dollars a year." It's dismaying because these funds funneled to UNO could well be used in the neighborhood schools.
This is but one example of the 'corporate reform' movement gone bad, bad at the expense of all of us, particularly those children in CPS schools that could really use the assistance.
Dick
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