Yahoo! News: Education News

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• Get Money for College Through ROTC Programs
• Chicago schools announce $5.6 billion budget
• Chicago schools budget seen sinking deeper in the red despite cuts

Get Money for College Through ROTC Programs Posted: 25 Jul 2013 08:12 AM PDT With college costs on the rise, many students are looking to the military as an alternative path to a career after high school. However, joining the military does not have to mean giving up a college education.

Chicago schools announce $5.6 billion budget Posted: 25 Jul 2013 07:45 AM PDT The Chicago Public Schools revealed a $5.6 billion budget on Wednesday, the same day a bond rating service downgraded the district's general obligation debt because of its huge pension obligation. The ...

Chicago schools budget seen sinking deeper in the red despite cuts Posted: 24 Jul 2013 05:05 PM PDT By Brendan O'Brien (Reuters) - Chicago's public schools on Wednesday forecast a record $1 billion fiscal 2014 budget deficit despite layoffs of 1,000 teachers and the expected closing of 50 schools, prompting one credit agency to downgrade its debt rating. The nation's third-largest public school district blamed the mounting red ink on an expected sharp rise in annual pension payments for teachers, because the state of Illinois has failed to curb ballooning pension costs. ...

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