Why some Chicagoans Struggle to Find Financial Freedom

Why some Chicagoans struggle to find financial freedom

CHICAGO (WGN) — Achieving economic mobility has become difficult for many Chicagoans. That’s among the key findings in a recent and wide-ranging series of stories from the Illinois Answers Project. The Chicago-based nonprofit examined why many residents are struggling to find financial footing and the successes and failures of some government efforts to help them. WGN interviewed one man who shared his story, detailing how crime in his West Side…

Unsettling Accounts: How Illinois is Confronting the Student Loan Crisis – Illinois Answers Project

Illinois has the seventh highest average state debt in the nation. Coupled with one of the highest unemployment rates in the country, the burden of these loans become even more substantial for some borrowers, effectively delaying the purchase of a home, the decision to start a family and progress towards economic advancement.

The Graduate’s Burden: How Illinois Is Confronting The Student Loan Crisis

With $63 billion in collective student loan debt, new forgiveness programs and innovative solutions aim to help borrowers. But state funding and public awareness remains an obstacle. The post The Graduate’s Burden: How Illinois Is Confronting The Student Loan Crisis appeared first on South Side Weekly.