Colleges’ failing graduation rates

The news: The amount of student loan debt has surpassed the nation’s credit card debt, according to a recent article in The Wall Street Journal. Behind the news: Thousands of students from two Illinois public universities are racking up millions in debt but won’t graduate. Chicago State University on the city’s South Side and Northeastern Illinois University on the city’s Northwest Side have the worst graduation rates among the state’s nine public, four-year universities, which are disbursed throughout 12 campuses. The two schools were recently named among the 50 worst in the nation, according to Washington Monthly. Just 13 percent of students graduate from Chicago State and 18 percent from Northeastern.