According to a Chicago City Wire analysis of a 2016 audit by the Illinois Auditor General, Chicago State's low graduation rate cost over $2.5 million in tax dollars spent per year per graduate. Chicago State University also owes $356.5 million in debt, the majority of which is owed to the state university retirement system pension plan.[24] In the fall of 2016, the freshman class had just 86 students as overall enrollment dropped 25 percent, and in the $84 million university budget for the 2016–17 academic year, the state of Illinois provided only emergency funding to the university.[25][26]