Valerie Strauss:

In September 2015, the Chicago Tribune ran an editorial that wondered whether the Chicago Public School District would collapse under the weight of its mind-numbing financial problems. It hasn’t yet, but money mismanagement, inadequate funding and failed education policy are combining with a host of other factors to raise the issue of whether the nation’s third-largest school district is in existential danger.

Chicago spent $14,336 per student during the 2015-2016 school year or