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A U.S. lawsuit against financial firm Think Finance alleged the firm deceived borrowers into repaying loans they did not owe. The CFPB's victims relief fund will disburse $384 million to 191,000 customers across 17 states.
The Wall Street Journal said the sale could fetch between $3 billion to $5 billion.
Gov. J.B. Pritzker's $800 million in tax changes and enhancements would help close the state's budget deficit, the group noted, but "further tax increases could prove unsustainable for taxpayers given the State's already high tax burden."
The aim is to give students who might not initially see themselves going to a four-year school a boost that might help them eventually get a bachelor’s degree, as few two-year students do now.