Years ago, Shannon Love did a series of posts on these pages about “number gut”. From this post:
A number gut is an intuitive feel for the possible magnitude of a particular number that describes a particular phenomenon. A good number gut tells you if the results of some calculation are at least in the ball park.
My number gut (or b.s. detector, in this case) went off today when I saw this story. Here is the money:
Chicago Public Schools officials on Monday proposed a $5.7 billion operating budget for the upcoming school year…
Holy crap that is a lot of money. There are 396,000 students in the CPS. $5.7bb / 396k = $15,447 per student. Really.
From this article from 2014 about the most expensive private schools in Illinois, it looks like all of the students could go to Loyola Academy, and can almost all go to St. Ignatius College Prep for that kind of money.