Illinois ranked No. 1 in the U.S. for higher education spending per full-time student in fiscal year 2024, spending $25,529 per student. That was double the national average and over $4,400 more per student than the No. 2 state: Wyoming. Pensions, administrative bloat and a poor funding formula are mainly to blame.
Pensions are the root of all evil. Has nothing to do with education but everything to do with GREED.
Fed up neighbor
8 months ago
Illinois educational system is the largest Ponzi scheme in the nation.
Fed Up Taxpayer
8 months ago
The cost per student is a funny number. First, it isn’t spent on students, per se, it is largely a component of legacy costs as the article points out. The students don’t benefit from a $200,000 professors salary, and certainly don’t benefit from their probably $25,000 health care costs. Lower paid professors in other states are likely just as intelligent, or more so, than the ones entrenched in Illinois to take advantage of the benefits. Second, if Illinois could manage to keep more in-state students or attract more students in general, that spending per pupil would go down. Since the… Read more »
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Pensions are the root of all evil. Has nothing to do with education but everything to do with GREED.
Illinois educational system is the largest Ponzi scheme in the nation.
The cost per student is a funny number. First, it isn’t spent on students, per se, it is largely a component of legacy costs as the article points out. The students don’t benefit from a $200,000 professors salary, and certainly don’t benefit from their probably $25,000 health care costs. Lower paid professors in other states are likely just as intelligent, or more so, than the ones entrenched in Illinois to take advantage of the benefits. Second, if Illinois could manage to keep more in-state students or attract more students in general, that spending per pupil would go down. Since the… Read more »