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Download full textLaura W. Perna – Midwestern Higher Education Compact, 2025
Concerns about the rising cost of college and growing student loan debt have intensified in recent years, with 85% of non-enrolled adults citing affordability as a key barrier (Gallup & Lumina Foundation, 2024) and a third of currently enrolled college students agreeing that their "institution charges too much for an undergraduate…
Descriptors: Paying for College, Access to Education, Financial Support, State Programs
Mark Wiederspan – Midwestern Higher Education Compact, 2025
This report examines state-funded loan forgiveness and conditional grant programs, designed to alleviate student loan debt and address workforce shortages in high-need fields. These service-contingent programs incentivize graduates to work in targeted occupations or underserved areas in exchange for debt relief.
Descriptors: Grants, Student Financial Aid, Debt (Financial), State Programs
