How Student Debt in Illinois Compares to the Nation
With the exception being mortgages, student loans make up the largest component of household debt for Americans. And our collective debt keeps growing.
student loans
Illinois Students Carry More Student Debt Than Most of the Country
If it makes you feel any better, Illinois does better than the rest of the Midwest.
RVC Faculty Reject Mediator Proposal; Strike Continues
Members of the Rock Valley College faculty union have rejected a compromise proposal crafted by a federal mediator and will return to the picket lines on Monday.
That means students will miss a fourth day of classes. And the Rockford Register Star reports some could soon face delayed payments on loans and aid:
Proceeds of federal Stafford loans to 297 Rock Valley students will be delayed if facult
Madigan Suing Two Companies Over Student Loan Debt Relief Scams
John Gregory -- Illinois Radio Network
The Illinois attorney general is suing two companies for scamming people looking for student loan debt relief.
Attorney General Lisa Madigan says Chicago-based First American Tax Defense LLC and Broadsword Student Advantage of Frisco, Texas advertised across Illinois about programs to eliminate student loan debt...
Illinois Lawmakers Considering Interest-Free Loans To College Students
Rachel Otwell -- Illinois Radio Network
More college students in Illinois may graduate with less or no debt in coming years, if state lawmakers can dream up a way to pay for that.
A measure is making its way through the Statehouse that would form a group to study how to form a state-sponsored student loan program...