Pensions to eat 49% of Illinois higher education spending

Illinois spent 10% of higher education dollars on pensions in 2007. In 2022 it will spend 49% of those dollars, yet the State Universities Retirement System pension debt has grown to $25 billion.

To account for inflation, 2007 spending adjusted to 2022 dollars.
Chart: @illinoispolicy Source: State Universities Retirement System,. Commission on Government Forecasting and Accountability