Don’t just cancel student debt. Make it pay off. 40% of student loan borrowers don't graduate, accumulating debt without the credentials needed for well-paying jobs, leading to struggles with loan repayment.
ReUp’s CEO, Terah A. Crews, sheds light on the student debt crisis and the impact on adult learners and stopout students.
Economic Impact ➡️ Debt-burdened students without degrees are not reaching their economic potential, hindering growth in cities, states, and the country.
Economic Potential ➡️ Financially thriving individuals contribute to thriving communities.
Returns on Investment ➡️ Policymakers need to support strategies that ensure students and the nation see returns on their investment in higher education.
Value of Higher Education ➡️ 93% of graduates are better off financially than those who didn't attend college. Students without degrees are less likely to own homes, handle unexpected expenses, or feel financially secure.
Re-engagement Strategies ➡️ Helping adults with some college, no credential return to school can address the completion and student debt crisis, enabling more learners to benefit economically.
Learn more about strategies for better serving the some college, no credential population in the full article on Barron's: https://lnkd.in/ddzSBdjg
#StudentDebtCrisis #HigherEducation #EconomicGrowth