student debt


From naming local post offices for fallen service members to changing the president’s signature health-care law, area lawmakers are beginning the 114th Congress ready to introduce a wide array of legislative proposals.

Every session of Congress sees far more bills introduced than could ever be considered, and most legislative proposals last only about as long as it takes a lawmaker to issue a news release announcing the bill’s introduction.

Illinois Holds College Financial Aid Workshops

Feb 2, 2014
Illinois Student Assistance Commission

Illinois governor Pat Quinn has announced free workshops across the state for college students and their parents to get advice on acquiring financial aid. The workshops will be conducted throughout February, which is Financial Aid Awareness Month.

Experts with the Illinois Student Assistance Commission will help families understand and complete the commonly-used FAFSA, or Free Application for Student Aid.

_J_D_R_ / Flickr

In Missouri, the average student loan debt for people between 25 and 34-years-old has increased by about 120 percent over the past eight years. In Illinois, that number has jumped more than 140 percent, according to a report from the Federal Reserve Bank of St. Louis.

Nationally, student loan debt has topped the $1 trillion mark, surpassing credit card debt and auto loans.