The bills aim to streamline the college application process, help with financial aid applications and strengthen programs ...

Gov. JB Pritzker on Monday approved a bill creating a direct admissions program. Along with it, he approved bills that ...

For-profit colleges are often criticized for their cost and outcomes. While some students do regret attending a for-profit ...

Great Lakes, the student loan servicer, will face a fraud class action in Illinois federal court. A borrower sufficiently ...

A plan to create a student investment program in the Illinois treasurer's office has arrived on Gov. JB Pritzker's desk.

If you're unemployed and facing student loan repayment, explore deferment and forbearance options, IDR plans, and budgeting ...

According to Donna Rasmussen, the executive director of the Consumer Credit Counseling Service of Northern Illinois, the average federal student loan debt amount, including both private and ...

Currently, student loan borrowers are eligible for a $2,500 tax deduction; but married couples who file their taxes together may only take one deduction, even if both have student loans that would ...

Illinois State Treasurer Michael Frerichs has announced a new, state-sponsored student loan option aimed at providing Illinois students with lower financing rates than traditional programs.

Labeled as the Funding U Illinois No-Cosigner Loan, its aim and the overarching program's aim is to offer student loans for residents at lower rates than private competitors and to bridge the gap ...

The Funding U Illinois No-Cosigner Loan program is open to Illinois residents attending public or private colleges and universities. The fixed annual percentage rate ranges from 7.99% to 9.49% ...