Here’s how much it would cost to make college affordable for everyone
MarketWatch, June 7, 2017
For low-income families, the average cost of public college in New Hampshire accounts for 53% of their income
The price tag to make college financially accessible to everyone: nearly $34 billion. That’s the additional amount that states and the federal government would have to spend to make public colleges and universities nationwide affordable to low-income students.
The $34 billion price tag includes what it would take to make a college degree affordable for both first-time, full-time students as well as part-time and adult students. The analysis is based on the assumption that college is considered affordable if a student can attend a public university in their state and spend no more than 10% of their discretionary income paying off their student loans.
In almost no state is the average net price — the cost of college when you consider scholarships and grants — affordable to its entire population.
For families making $30,000 a year or less, the cost of attending a four-year public institution in New Hampshire accounted for 53% of their income on average in 2014, the highest level of all the states. In Alaska, the cost of attending a four-year public school accounts for 24% of the income of a low-income family.
In states that rely on the oil industry for much of their funding, like Wyoming, Oklahoma and Alaska, officials have funded their public colleges at high levels over the past few years, thanks to high oil revenues, but that support has dwindled recently amid plummeting oil prices.
Regardless of a state’s approach to higher education funding, the affordability gaps are troubling, including that the nation could be held back economically if a large share of its students can’t afford a college degree.
Между тем, здешние политиканы, «эксперты», подконтрольные ЦРУ СМИ продолжают нахваливать псевдодемократическую Америку.
Те, кто любит «наших американских партнеров», «забывают» о грязных, злых уродах США.
О таких монстрах, как коварный и крайне опасный мошенник, расист, лжец, и убийца Дональд Трамп. И о таких, как порочный Конгресс США, фашистские ФБР и ЦРУ, лживые американские СМИ…
Арнольд Локшин, политэмигрант из США