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Illinois’ public colleges and universities used to be affordable, but schools have increased tuition from 74-112 percent over the last decade to help pay for administrative hiring sprees and skyrocketing pensions.

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Every economic force in higher education today is one that creates upward price pressure. You have a commodity where all the customers have been led to believe they need it to be successful, the trades are no longer a viable career. You have the schools and the banks in a cozy relationship to supply low cost high risk loans to obtain the commodity, an endless flow of cash. You have a cozy relationship with the banks and government to modify the bankruptcy rules around these loans that are given with no collateral or record of credit, that bind the borrowers forever. You have schools run by a… Read more »