The Illinois Public Agenda for College and Career Success - One Illinois

A Blueprint for the Future of Illinois

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Goal 2: Ensure College Affordability
Ability to Pay at Public 2-Year

 

Performance Measures Public
Agenda Baseline
Year 2 2018
Year 10
Benchmarks

Ability to Pay.  Percent of family income required to pay net cost of attendance (cost less grant aid) for median-income family and low-quintile family at public four-year, private four-year, and public two-year.

 

Mid = Middle Income Family (Illinois is $66,166 and national average is $60,968, 2008-09)

 

Low = Low Income Family (Illinois is $18,191 and national average is $16,991, 2008-09)

Mid, 12.2 %


Low, 41.0 %

Mid, 13.1 %, Low, 47.8 %

 

Mid, 9.7 %


Low, 29.6 %

  • Illinois trends;
  • Five best-performing U.S. states; and
  • Selected competitor/ neighboring U.S. states

Points of Interest

  • Illinois performs below the national average; ranks 29th for middle income and 32nd for low income.

Figure 2.3. Net cost for first-time full-time undergraduates as a percent of low-quintile median income and median income, five best performing states, four high population states, five surrounding states, Illinois, and U.S. Lowest percentage is best.

Figure 2.3. Net cost for first-time full-time undergraduates as a percent of low-quintile median income and median income, five best performing states, four high population states, five surrounding states, Illinois, and U.S. Lowest percentage is best.

* The Net Cost calculation is (Total Cost minus Financial Aid divided by Family Income) multiplied by 100.