Posts tagged "education funding"

News Round Up: Gov. Quinn calls proposed tax increase a "surcharge for education"

Re-elected Gov. Pat Quinn believes the narrow victory over Republican candidate Bill Brady represents a “mandate” from the people to raise the income tax to support education.  Quinn, in an interview with the Chicago Tribune, said that the one percent increase would benefit education, but he didn’t say much about he plans to cut the... Read more »

A tale of two Katrinas

Five years later, the numbers show government relief after hurricane Katrina mostly helped middle-class and white families in Mississippi and Louisiana, often excluding black families and low-income families. Also: City college officials are proposing ending open admission and pushing remedial education back on high schools. Critics say this will discourage students looking at higher education.... Read more »

Shore Bank fails, and a vacuum in lending is left behind in low-income communities

Shore Bank customers talk about the significance of loans they used to rehab houses and revitalize low-income areas, loans that they would not be eligible for at an ordinary bank. Now that Shore Bank has gone under, they worry what type of economic investment will be available in already struggling Chicago neighborhoods hit hard by... Read more »