CHICAGO – Last week, DePaul University’s Professor Joseph P. Schwieterman, Director of the Chaddick Institute for Metropolitan Development, released a report offering perspective on the costs and benefits associated with the structural alternatives explored in the U.S. Army Corps of Engineers Great Lakes and Mississippi River Interbasin Study (GLMRIS) Report released on January 4. The report concluded that the total cost of GLMRIS Report’s structural alternatives ranges from $13 - $32 billion over 50 years, more than twice the construction costs estimated in the GLMRIS Report. According to Professor Schwieterman, “When all relevant factors are taken into account…the necessary expected benefits for [the physical separation] alternatives must be approximately $2 billion per year to justify the costs.” To read the full release, please click here.