A new study from the University of Illinois finds that student loan debt disproportionately affects the financial well-being of black and Hispanic borrowers later in life.
On the 21st: What’s it like to be a Mexican restaurant owner in this political climate? Plus, we learn why college students who have to take out loans can have a harder time graduating, and get the latest in Illinois politics.
Democratic U.S. Sen. Dick Durbin and Democratic Congresswoman Tammy Duckworth say college students are graduating with an 'overwhelming' amount of debt. During a panel at Parkland College in Champaign Thursday, the two discussed efforts to refinance the debt, increase Pell Grants, and allow for two years' free community college.
Taylorville Republican Rodney Davis has co-sponsored the Employer Participation in Student Loan Assistance Act, a student loan re-payment plan that lets employes offer recent college graduates a tax-free benefit of just over $5-thousand. The funds can also be used for continuing education with current workers.
