Illinois among the worst states for student loan debt – WGNTV (Chicago)

The average student loan balance for borrowers in Illinois is $40,243, greater than the national average of $37,000.
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daskoterzar
2 months ago

The socialist state legislature just passed a bill that enables illegal immigrants to obtain financial aid from the tax payers for college education. These loans and financial aid will go unpaid back and it will again be the regular tax paying resident of Illinois who get absolutely screwed. This makes no sense, but nothing Jumbo, the Pinhead or any of the rest of the legislature does makes any sense either.

mqyl
2 months ago
Reply to  daskoterzar

It makes sense to those who are so far left they don’t even show up on the chart. It also makes sense if your goal is to cultivate many more Dem voters.

daskoterzar
2 months ago
Reply to  mqyl

These people have to know that the state does not have the money. As we have heard before “The state does not have a revenue problem it has a spending problem.” It is purposeful, they just do not care as they believe Illinois is “too big to fail”, no one will ever be held accountable, the process is convoluted enough that they can hide and the Feds will bail out their moronic negligent decisions and over spending. Illinois Government is solely and totally focused on their elections and political gain to continue their jobs. Making good business decisions for the… Read more »

Last edited 2 months ago by daskoterzar
Lawrence
2 months ago

Of course they did. They’re just following the example set by our Democratic politicians—spend recklessly now and leave everyone else stuck with the bill later.

Leaving Soon, just not soon enough
2 months ago

In Illinois the public universities are big business and in Illinois lots of money goes to pay for benefits for employees, not spent for education. This is a very expensive way to do business. When the student goes out of state to college, many never come back. Once they get a taste of the good life the other states have to offer.

Reese
2 months ago

State University Retirement Systems (SURS) pensions are strangling taxpayers. According to Illinois Policy Institute, SURS employees contribute little toward their own retirement yet can easily end up multimillionaires courtesy of Illinois taxpayers. The first I heard of this was when the book Illinois Pension Scam came out around 2011 or 2012. Most private sector workers were unaware of how this was all playing out.

Fed Up Taxpayer
2 months ago

Maybe the cost of a college education in Illinois shouldn’t be so darn high. What a ripoff – students are mortgaging their future based on empty promises.

Mark F
2 months ago

One year at my old university, Western Illinois University now costs about $25,000.00 for one year of tuition at the undergrad level and for room and board at a dorm! 25 G a year, is nuts!

The Railroader
2 months ago

You take out a loan. You pay it back.

It’s part of a discipline called ‘adulting’.

PPF
2 months ago
Reply to  The Railroader

Very true. Same goes for the state of Illinois and all of its debt.

Lawrence
2 months ago
Reply to  PPF

I wish our politicians actually did more than just say “Stop Trump”.

Irish Patriot
2 months ago
Reply to  The Railroader

Please, please, don’t get me started on the Boomer who says, “But I drove a cab during college to pay my tuition and loans back in 1979.” My college today costs over $50,000 a year. The other college I attended, which I switched to in my junior year, costs $30,000 a year. It is outrageous that college costs that much. Most of the money just pays salaries for Marxist professors, DEI commissars, and arrogant, smarmy admissions counselors. Bottom line: Student loans are predatory. They exist only to pay the outrageous salaries of extremely far-left liberal academia. It is a grift… Read more »

the doctor
2 months ago
Reply to  Irish Patriot

I have not heard the cab driving story, Perhaps the Boomer is stating that to point out how high the price of college is. I have told many people how I made enough in the summer of my senior year to pay for that year. ( did work 60 hour a week so the overtime helped, pay was not much more min wage) No way anyone can pay for a year of college with a summer job. (excluding people with large scholarships/financial aid).

Irish Patriot
2 months ago
Reply to  the doctor

The Boomer trope, which is often very true, is that the typical Boomer lives in an alternate reality, where he/she believes that the way it was in 1979 is the same was it is today, not having any real grasp on how the world is today for younger people: “Pull yourself up by your bootstraps!” (Men, and specifically white men, are discriminated against and jobs given away to foreigners and visa holders. Brandon Johnson just said he wants to hire more black firefighters which necessarily means he will hire fewer white firefighters; and so on, especially in corporate America) “To… Read more »

The Railroader
2 months ago
Reply to  Irish Patriot

“Student loans are predatory. They exist only to pay the outrageous salaries of extremely far-left liberal academia. It is a grift…” Indeed. These student loans have certainly alleviated any downward pressure on the price of a degree. The student doesn’t feel the pinch until leaving the institution, with or without a degree. People should be asking what that degree is worth. Fine Arts is a noble calling for sure, but the term ‘starving artist’ has existed since the paint on cave walls was still wet. Being larded up with $75k-$100k in student loans used to obtain a degree that ensures… Read more »

Irish Patriot
2 months ago
Reply to  The Railroader

The Boomer trope that college kids are majoring in basket-weaving and gun-chewing is as old as time too. This is simply not true. 17% of college grads earn business degrees, 17% earn stem degrees, 16% get education degrees, 16% earn healthcare degrees, with only 10% earning degrees in liberal arts, and even those degrees are highly biased towards more useful areas. In fact, the graduate with a degree in LGBTQ Dance theory during the past decade probably had a better and higher paying job than a computer science graduate, having worked at a USAID NGO or as a DEI Commissar… Read more »

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