Higher Education Today: Innovative Approaches for College Financing

“Higher Education Today: Innovative Approaches for College Financing”

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Anytime

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Description

The Great Recession and subsequent recovery has not affected all Americans equally. As previously documented by The Hamilton Project, workers without some college education were hit the hardest. In August 2013, the unemployment rate for individuals twenty-five and older without a high school diploma exceeded 11 percent and was over 7 percent for high school graduates, compared to only 6.1 percent for individuals with some college or an associate degree, and just 3.5 percent for those with a bachelor’s degree. So while it has generally been accepted that higher education provides both private and social returns, the current economic situation has put a public spotlight on the imperative of post-secondary schooling.

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