Absent pension crisis, Illinois could afford ‘free’ college

By Adam Schuster
Illinois could give every undergraduate in public college nearly $70k a year if it spent the same 4% of its budget on pensions as it did throughout the 90s, rather than the 25% it spends today.

TAGS: college, DCFS: Department of Children and Family Services, general revenue fund, Illinois, Illinois General Assembly, illinois state police, pension costs, pension crisis, pension debt, savings, Springfield, state university, students, tax burden, undergraduate