Illinois Student Loans: Debt Stats, Repayment Programs and Refinancing Loans

Illinois private and federal student loan borrowers owe an average balance of $36,531 — sixth-highest in the nation and just below the national average of $36,689. The suspension of certain federal student loan payments has been extended through Aug. 31, 2022, but that doesn’t mean Illinois borrowers are in the clear. If you’re dealing with […]

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