Illinois funds child savings accounts, makes college saving more accessible – Daily Northwestern

Every child born or adopted in Illinois after Dec. 31 will receive a college savings account managed by the State Treasurer’s Office with a $50 starting deposit under the Higher Education Savings Program. Three years after the Illinois General Assembly first passed the program in 2019, legislators allocated $2.5 million to fund it.
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debtsor
2 years ago

If IL was serious, they would just make college tuition for free for residents. But our politicians wouldn’t be able to help themselves, and they would open it up to illegal immigrants and not require SAT/ACT or even grades to attend. The value of the school would plummet to zero as the tuition goes to zero and it would destroy the entire Illinois state university system.

Fed up neighbor
2 years ago

Jesus, another thing they can divert money from and steal from the children.

Aaron.
2 years ago

The kids will only be able to spend it at state indoctrination centers.

Freddy
2 years ago
Reply to  Aaron.

And pawn shops (including Pawn Daddy)/Hubcap resale stores/wig salons.

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