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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
Williams-Wyche, Shaun – Midwestern Higher Education Compact, 2019
Student loans can help fill cost gaps created by insufficient grants, scholarships, and family income in funding a postsecondary education. Whereas receipt of grant aid does not require repayment, student loans must be repaid with interest. Loans provide students with additional choices, such as living independently (instead of living with parents…
Descriptors: Student Loan Programs, Federal Programs, Credit (Finance), State Programs
