Despite that, do they have the money to afford education? Most of our parents and some of our teachers went to college when the price was significantly cheaper. Since 1978, the price of college has increased by 1225% because from 1991 to 2010, state funding for full-time students has dropped 26.1%. Meaning, all of the weight of paying for college goes to the family. What about student loans and scholarships; do they not help? Student loans help out, but only in the moment. Thanks to the decreased funding from the state, most students have to rely on student loans to go to college. The cost is of college is so drastic that the national student loan debt is at an all time high of $1.26 trillion, which is nearly 177 times higher than the national credit card debt of $712 billion. Where do scholarships stand? Scholarships can help a lot if high standardized test scores are present. If students want to get a decent amount of money with scholarships, they need to be one of 21% who make above average ACT scores, which are scores of 25 and
Despite that, do they have the money to afford education? Most of our parents and some of our teachers went to college when the price was significantly cheaper. Since 1978, the price of college has increased by 1225% because from 1991 to 2010, state funding for full-time students has dropped 26.1%. Meaning, all of the weight of paying for college goes to the family. What about student loans and scholarships; do they not help? Student loans help out, but only in the moment. Thanks to the decreased funding from the state, most students have to rely on student loans to go to college. The cost is of college is so drastic that the national student loan debt is at an all time high of $1.26 trillion, which is nearly 177 times higher than the national credit card debt of $712 billion. Where do scholarships stand? Scholarships can help a lot if high standardized test scores are present. If students want to get a decent amount of money with scholarships, they need to be one of 21% who make above average ACT scores, which are scores of 25 and