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Why Gen Z College Students Feel More Financially Insecure Than Ever

BestColleges

Graduating with student loan debt can delay major life events like buying a home or saving for retirement. In addition to inflation, the job market, growing student loan debt, housing insecurity — the list goes on. Growing student loan debt. As a result, the increases in student loan debt yield greater financial stress.

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First-Generation College Students: Facts and Statistics

BestColleges

Data Summary Check Over one-third of undergraduates in a bachelor's degree program (about 37%) were first-generation college students in 2016. [1] Check Only 26% of first-generation college students went on to get their degree. [2] Check Only 26% of first-generation college students went on to get their degree. [2]

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Looming Enrollment Cliff Poses Serious Threat to Colleges

BestColleges

College enrollments have been declining steadily since 2012. Add that four-year opportunity cost together with student loan debt and the calculus doesn't make sense to a growing number of young adults — especially when a company as exalted as Google tells them they don't need a bachelor's degree to work there.

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These States Offer College Scholarships, Financial Aid to Former Foster Youth

BestColleges

The waivers allow these students to earn an associate degree, bachelor's degree, or certificate without having to pay tuition or fees, as long as students complete their program within a set time frame. Nine states have scholarship or grant options to help lessen the need for student loans.

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Student Loan Default Rate: Facts and Statistics

BestColleges

Data Summary Check As of 2022, the three-year student loan default rate was 2.3%. [1] 1] Check The recent student loan default rate is the lowest it's been in years. Note Reference [1] Check At the end of 2021, roughly 3 million people — close to 7% of all student loan borrowers — were in default. [2] in 2012 to a low of 7.3%

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Students With Disabilities in Higher Education: Facts and Statistics

BestColleges

However, the number of people with disabilities earning bachelor's degrees has increased substantially over the years. 10] College Graduation About half (49.5%) of students with disabilities who enrolled at a four-year college in 2011 completed a bachelor's degree within six years versus roughly 68% of students without disabilities.

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Report Reveals ‘Weak Connection’ Between Debt and Earnings Outcomes for Graduate Students

BestColleges

The large percentages of programs with unaffordable debt at for-profit institutions are particularly worrisome for Black graduate students who disproportionately attend these schools and already face significant student loan debt. ED's report suggests that the value of obtaining an advanced degree may have fallen over the last 20 years.