Yahoo! News: Education News

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• Chicago Public Schools meets pension payment deadline
• Pittsburgh school board OKs new supe despite resume concerns
• Illinois moves toward a possible budget deal
• Making It Easier for Homeless Youths to Get Cash for College

Chicago Public Schools meets pension payment deadline Posted: 30 Jun 2016 04:29 PM PDT The Chicago Public Schools met a Thursday deadline to complete a $676 million contribution to its teachers pension system, a school spokeswoman said. The nation's third-largest public school system had to fully tap an $870 million bank line of credit to make the payment, according to Emily Bittner, the spokeswoman. With fiscal 2016 ending at midnight Thursday, Bittner said the district has about $83 million in cash, which is up from a projection of just $24 million CPS made after it sold $725 million of bonds in the U.S. municipal market in February.

Pittsburgh school board OKs new supe despite resume concerns Posted: 30 Jun 2016 08:31 AM PDT PITTSBURGH (AP) — A superintendent who faced questions about information on his resume and possible plagiarism can begin his new job this week after the Pittsburgh Public Schools board rejected one member's request to rescind the hiring.

Illinois moves toward a possible budget deal Posted: 30 Jun 2016 03:06 AM PDT Illinois' Republican governor and Democrat-led state legislature inched toward a possible breakthrough in their record-setting, yearlong budget impasse, but neither side would characterize a spending framework negotiated on Wednesday as an outright deal. The state House and Senate were poised to take up budget bills on Thursday, including a significant increase in state and local contributions to Chicago Public Schools (CPS) teacher pensions. Illinois is the only U.S. state without a complete budget for the fiscal year that ends at midnight Thursday.

Making It Easier for Homeless Youths to Get Cash for College Posted: 30 Jun 2016 02:46 AM PDT Getting financial aid to help pay the cost of college just got a little easier for the nation's homeless students. On Tuesday the Department of Education announced changes to the Free Application for Federal Student Aid that will make the form more consistent and efficient for youths who don't live at home with their parents. In a letter to Sen. Patty Murray, D-Wash., who has written to the DOE several times about homeless youths, Education Secretary John B. King Jr. wrote that the department would "clarify and simplify" the language in the FAFSA and streamline the application process.

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