As public budgets have grown tighter over the past decade, states and school districts have sought ways to control the growth of spending. One increasingly common strategy employed to rein in costs is to offer experienced teachers with high salaries financial incentives to retire early. Although early retirement incentive (ERI) programs have been…

When former U.S. congressman and Obama administration chief of staff Rahm Emanuel marched triumphantly into the Chicago mayor's office in 2011, he promised to revamp Chicago Public Schools (CPS) in ways that had barely been contemplated in 16 years of mayoral control over the city's sprawling public-school system. This article discusses and…