How We Benefit from Debt-Free College
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Transcript of How We Benefit from Debt-Free College
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DEBT-FREE COLLEGEb y L e o P o l l a r d
H O W W E B E N E F I T F R O M
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THE PROBLEM
Tuition at colleges anduniversities throughout the
country has increased byover 170 percent since 1995.
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THE RESULT
Student loan debt in theUnited States has tripled
in the last 10 years.
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THE COST
$1.23 billion dollars of debt,declining enrollment andincreasing dropout rates.
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A CONUNDRUM
The necessity of collegecoupled with its high costthreatens the future of our
society.
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THE SOLUTION
We should do what we canto make college debt-freeand improve the situationof former students already
saddled with debt.
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SUPPORT
Over 60% of Americansagree that tuition freecollege is a necessity.
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BENEFITS
In the following slides I'veshared some of the ways
we'll benefit from thismovement.
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GLOBALLY COMPETITIVEW i t h c o u n t r i e s i n E u r o p e a n d S o u t h
A m e r i c a o f f e r i n g f r e e c o l l e g e , w e m u s te n s u r e t h a t o u r c i t i z e n s h a v e t h e a b i l i t y
t o c o m p e t e i n a n i n c r e a s i n g l y g l o b a le c o n o m y .
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CLOSING THE WEALTH GAPS t u d e n t s w i t h j u s t a h i g h s c h o o l
d i p l o m a e a r n $ 1 7 , 0 0 0 l e s s a y e a r t h a ns t u d e n t s w i t h a 4 - y e a r d e g r e e . T h e
d i f f e r e n c e i n t h e q u a l i t y o f l i f e c a n b ed r a s t i c .
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DIVERSITYB l a c k s t u d e n t s a n d o t h e r m i n o r i t i e s a r e m o r e
l i k e l y t o d r o p o u t o f c o l l e g e , o f t e n d u e t o t h e i ri n a b i l i t y t o a f f o r d t h e r i s i n g c o s t o f a n
e d u c a t i o n . Y e t , o u r c o l l e g e s , w o r k p l a c e s a n dc o m m u n i t i e s a r e e n h a n c e d b y d i f f e r e n t r a c e s ,
b a c k g r o u n d s a n d l i f e e x p e r i e n c e s .
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INNOVATIONR e m o v i n g t h e s t r e s s o f f i n a n c e s , s t u d e n t s
w i l l h a v e m o r e o p p o r t u n i t i e s t o t h r i v ec r e a t i v e l y , a n d h a v e a g r e a t e r i n c e n t i v et o d e v e l o p n e w b u s i n e s s e s a n d p r o d u c t s .
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CONCLUSION
These are just a few wayswe can reverse the trendsof our current situation.
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FOR MORE INFO
Visit my recent blog on thistopic and feel free to share.
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THANK YOU
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