Illinois Treasurer Mike Frerichs is offering some suggestions to help make sure the state avoids junk bond status.
Although Illinois now has a budget, the state's fiscal condition remains on very shaky ground and a rating downgrade could still happen. Treasurer Frerichs says for starters, the governor needs to pay a visit to the bond houses in New York.
House lawmakers are taking a big step towards ending the budget impasse.
The House voted 90 to 25 for an amendment containing a full year budget. Speaker Mike Madigan says it's a good sign...but notes there are still details to hammer out and a vote on the actual bill must still be taken.
Legislation headed to the governor's desk is designed to help protect students who take out loans for college.
The Student Loan Bill of Rights requires lenders to explain repayment options to struggling borrowers and to inform graduates that they may be eligible to have their loan forgiven under certain circumstances.
New legislation aims to keep more students at Illinois colleges and universities.
Democratic Representative Lou Lang says high school grads are leaving Illinois in droves for out of state schools...with up to 35 percent never returning. He says his three-pronged bill could help slow that trend.
House republicans says the governor's office is rescinding the layoff of 124 Illinois Department of Corrections nurses.
The plan was to replace the nurses with private contractors...but Representative Tim Butler of Springfield says they will not lose their jobs after all. He says he hopes both sides can return to the bargaining table very soon.
Seventeen school superintendents sued the state of Illinois Wednesday. They're asking Governor Bruce Rauner and the state board of education to come up with a funding formula that would help schools meet the state's learning standards.
An Illinois House committee has cleared a proposal that would require public universities to admit first-time freshman applicants who finish with a GPA in the top 10 percent of their high school's graduating class.
The News-Gazette reports the House Higher Education Committee passed the bill Wednesday despite opposition from the University of Illinois and the Illinois Board of Higher Education.