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Pension math: why the Interest Rate assumption is soooooo important. 23 Aug 2013 | 05:13 pm
As the debate on phony pension reform continues unabated in Springfield pundits on all sides of the issue continue talk about the IR or Interest Rate. This can be very confusing if you do not understa...
Illinois Credit Worse Than Iraq’s. 13 Aug 2013 | 12:47 am
A credit watch web site called distressedvolatility.com recently showed how the credit quality of Illinois debt is worse than Iraq’s and Portugal’s. The good news is it is better than Greece and Argen...
The $4 Million Teacher 5 Aug 2013 | 11:51 pm
SeongJoon Cho for The Wall Street Journal Kim Ki-Hoon, who teaches in a private after-school academy, earns most of his money from students who watch his lectures online. ‘The harder I work, the more...
School Born of California Parent-Trigger Law Opens Its Doors 31 Jul 2013 | 07:36 pm
A new chapter in California’s, and the nation’s, relationship with “parent-trigger” laws begins today, as the first school to have come into being as a result of one those controversial policies opens...
Bill Zettler on Fox News RE: Illinois’ first $500,000 pension. 26 Jul 2013 | 08:28 pm
I was recently interviewed by Dane Placko Fox News Chicago investigative reporter about anesthesiologist Dr. Alon Winnie, Illinois’s first $500,000 pensioneer. Here’s the link to the Fox website. ...
CPS Lays Off More than 2,000, Including 1,000 Teachers 20 Jul 2013 | 12:55 am
By Noreen S. Ahmed-Ullah and Kim Geiger, Chicago Tribune reporters 6:34 a.m. CDT, July 19, 2013 Citing a $1 billion budget deficit, Chicago Public Schools will lay off more than 2,000 employees, mor...
No Child Left Behind overhaul passes through House in 221-207 vote 20 Jul 2013 | 12:50 am
By LIBBY A. NELSON | 7/19/13 11:37 AM EDT The House approved on Friday a rewrite of federal education law that would dramatically scale back the federal government’s role in education. The chamber a...
IL vs. Indiana: Why we have a pension crisis and they don’t. 17 Jul 2013 | 06:53 pm
As everyone knows IL is acknowledged as having the worst funded pension systems in the USA. Indiana on the other hand has one of the best funded pension systems in the country. So why is there such a ...
Teacher: I Changed My Mind about Common Core 17 Jul 2013 | 01:00 pm
Christy Hooley is a sixth grade teacher in Wyoming. She used to support Common Core national standards. But now she doesn’t. And her principal has told her not to talk about it in school. So she’s tel...
Union: Displaced teachers from failed districts should have guaranteed jobs 16 Jul 2013 | 01:00 pm
LANSING, Mich. – A Democratic state lawmaker and Michigan’s largest teachers union tried to force several school districts to hire experienced teachers from two districts that dissolved due to financi...