The cost of a state university education in Illinois increased 66% between 2009 and 2025, $6,028 more in tuition and fees per year. Blame declining enrollment, a bad state funding formula, pensions and high administrative costs.
Illinois ranked No. 1 for spending per student on higher education in 2024, paying more than double the national average. Declining enrollment, poorly structured finances, growing pension payments and bloated administration have driven up costs.
Illinois’ university system is losing students to other states as prices per student top the nation. The system and its funding need an overhaul, but state leaders instead are considering letting community colleges create even more competition.
A former Edwardsville university administrator and a retired judge each have collected more than $3 million in pension payments. Too little paid in with too much taken out is the heart of Illinois’ pension crisis.
The Board of Trustees at Northern Illinois University granted a $600,000 severance package to outgoing university President Doug Baker, who resigned following a state investigation into his management of the university. But after a court struck down that agreement, the board is set to vote again.
Almost a quarter of Illinois workers need licenses to work in their professions, and workers who default on student loans can face the suspension of those licenses.
Despite objections from faculty, one university chancellor is pressing for a campus restructuring that includes curbing the tuition-heightening costs of administrative bloat.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.