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Higher Priced Learning

The completion of Jones College Prep, the sleek Perkins + Will-designed showcase school in the South Loop, could become a teachable moment about budgeting, based on the estimated $127M final tab. The Sun-Times reports that the previous $114M estimate, already a jump from the initial $75M proposal, may hit the record-breaking figure with cost overruns submitted by Walsh Construction. A court battle is expected. [Sun-Times, previous]