Intergenerational Theft: Illinois Teacher Pension Debt Per Student Rivals College Loan ‘Crisis’ – WP Original
By: Mark Glennon* Illinois is among the worst states in the college student debt “crisis,” as it’s often called. Per student college debt here averages $28,543, according to the Institute for College Access & Success. But look at unfunded teacher pension liabilities on a ‘per student’ basis and you get about the same. That’s the calculation made for all fifty states by the National Council on Teacher Quality in a report earlier this year. Illinois is the very worst by that measure: $27,022 of unfunded teacher pension debt per student, according to the report (p. 78).