All right, so StreetWise isn't in the same class as the Tribune or the Sun-Times. But it still serves an important role -- providing income for the homeless since 1992.
The nonprofit organization that publishes StreetWise says it will close down within a couple of months unless it can raise about $75,000 in donations, according to the Chicago Sun-Times. Charitable support has declined in the rough economy, backers say.
StreetWise isn't a very good read, but it makes people feel better about handing money to homeless people on street corners.
The publication's decision to switch from a newspaper format to a glossy magazine and raise the cover price from $1 to $2 probably wasn't a wise one. Many people can part with a buck pretty easily. But $2 for a publication many people probably toss without reading is a bit much.