Which Colleges Help Poor Students Most?

We’re all aware that receiving a college education can be quite expensive and students, along with their families, often incur a significant amount of debt in the pursuit of a degree. I have written on multiple occasions – here and here – about the  relationship between debt and college. The struggle is often harder, and the debt more onerous, for poor families.

Data from the U.S. Department of Education shows in unprecedented detail how much federal student loan debt college students from low-income families are being saddled with. In Debt By Degrees, ProPublica allows users to engage with an interactive database to search among 6,000 schools in the U.S. to see how much they support their poorest students financially.

Blogger-in-Chief here at RetirementSavvy and author of Sin City Greed, Cream City Hustle and RENDEZVOUS WITH RETIREMENT: A Guide to Getting Fiscally Fit.

2 Comments

  1. I read an article that said if tuition increases as it has been the past 50 years, we will end up seeing tuition at a price tag of 500,000. That’s insanity to me!

    • Indeed. We’ve got to find a way to get costs under control. I’ve covered the topic of rising costs for a college education in the past – most notably in Is College Worth It? – and at the end of the day my take is that families have to proactively look for ways to reduce the costs; look for non-traditional ways to go to college and be prepared to think and act outside the box.

      Thanks for stopping by, my friend and sharing your thoughts.

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