IL Professors' Children Could Lose Tuition Benefit March 8, 2012 by Alexis Mattera There have been strides taken to ease the financial burden of higher education but for every state that limits college credits to keep degree costs down or entire college system freezing its tuition, there’s another school increasing its fees and cutting benefits. The latter could soon happen in Illinois, as lawmakers are weighing whether to eliminate tuition discounts for the children of professors and other university employees.ADVERTISEMENTThe legislation would get rid of this prized benefit, which allows faculty and staff members who have been employed at public universities for at least seven years to receive half-price tuition for their children. More than 2,000 college students take advantage of this perk each year and advocates of the bill say the state cannot afford to continue to offer the discount because it costs the Land of Lincoln about $8 million annually. Bill sponsor State Rep. Luis Arroyo also questioned the lack of income cap on who can use the waivers (for example, a college president earning a six-figure salary could pay far less for their child to attend college than a lower-income family would) but university officials say the discount is an important tool for recruiting and retaining top faculty members. Does the possible end to this tuition benefit impact you in any way? How are you covering the costs of your own college education?College is expensive. Scholarships.com has done the work for you. Pay for your college education with free college scholarship money. Get matched to college scholarships instantly and start applying today by conducting a free college scholarship search at Scholarships.com.