Part of a series on young people and financial literacyThe amount of money Americans owe on student loans recently exceeded the nation's credit card debt. That may lead many to ask: Is it smart to borrow a lot of money to go to college?
University of Illinois President Michael Hogan says faculty at all three of the systems main campuses, including Chicago, could receive their first pay raise in three years this summer if current state budget proposals become reality.Hogan told The News-Gazette newspaper in Champaign on Monday that
Those concerned about the education of Chicago’s young people know the problem isn’t just with our elementary and high schools. Higher education in Chicago is also facing tough times; City Colleges of Chicago may lose hundreds of positions this year.