Though the University of Illinois has a diverse campus, one issue remains problematic for nearly all students: money. Approximately 50 percent of students at the University graduate in debt, according to the Office of the Provost.
According to Daniel Mann, director of the Office of Student Financial Aid, this statistic refers to the “average loan indebtedness for graduating seniors.”
The information does not cover other potential costs, such as money owed to parents or other sources. Rather, it represents the percentage of students in the graduating class who borrowed a student loan from the University during their undergraduate career.
“Students and their families in Illinois are paying a larger percentage of the cost of a college education,” said Robin Kaler, University spokeswoman.
She added that, after adjusting for inflation, the direct appropriation from the state to the University is below the value of the dollar in 1970.
Read the full story at the Daily Illini.
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