College Shouldn’t Drain My Bank Account
Experts say that people with a four-year degree are 70 percent more likely to be employed than high school graduates. Sounds good, right?
However, the reality in Michigan is that we’re headed downhill, and it needs to stop.
In the early 1990s, Michigan was one of the top 10 states in providing financial aid to college students. Now? We’re in the bottom half of the U.S., tuition and fees have skyrocketed nearly 150% and the average graduate has $30,000 in debt to go along with their diploma.
It’s not hard to see why.
State support for higher education has plummeted since 2000, and funding has dropped about 30 percent on a per-student basis. Our universities, in turn, have raised tuition and fees by nearly 150 percent, if not more, to compensate for the difference.
Does this sound fair? Not to us!
Misplaced Republican priorities are forcing you to take on unfair debt. Help us tell them that your future shouldn’t start by having to dig out of a financial hole!