Chicago Teacher’s Union President Karen Lewis often rallies behind the call for Chicago to have an elected school board to oversee the country’s third largest district. The current board is hand-picked by Chicago Mayor Rahm Emanuel. Lewis says this isn’t working, but a new analysis from Crain’s Chicago Business found that cities with elected school boards still struggle with bad debt. We talk with Crain’s Washington Bureau Chief Paul Merrion about how Chicago’s finances match up to other cities who do have elected school boards. (Flickr/vitordumato)