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DEBT-FREE COLLEGEb y L e o P o l l a r d
H O W W E B E N E F I T F R O M
THE PROBLEM
Tuition at colleges anduniversities throughout the
country has increased byover 170 percent since 1995.
THE RESULT
Student loan debt in theUnited States has tripled
in the last 10 years.
THE COST
$1.23 billion dollars of debt,declining enrollment andincreasing dropout rates.
A CONUNDRUM
The necessity of collegecoupled with its high costthreatens the future of our
society.
THE SOLUTION
We should do what we canto make college debt-freeand improve the situationof former students already
saddled with debt.
SUPPORT
Over 60% of Americansagree that tuition freecollege is a necessity.
BENEFITS
In the following slides I'veshared some of the ways
we'll benefit from thismovement.
GLOBALLY COMPETITIVEW i t h c o u n t r i e s i n E u r o p e a n d S o u t h
A m e r i c a o f f e r i n g f r e e c o l l e g e , w e m u s te n s u r e t h a t o u r c i t i z e n s h a v e t h e a b i l i t y
t o c o m p e t e i n a n i n c r e a s i n g l y g l o b a le c o n o m y .
CLOSING THE WEALTH GAPS t u d e n t s w i t h j u s t a h i g h s c h o o l
d i p l o m a e a r n $ 1 7 , 0 0 0 l e s s a y e a r t h a ns t u d e n t s w i t h a 4 - y e a r d e g r e e . T h e
d i f f e r e n c e i n t h e q u a l i t y o f l i f e c a n b ed r a s t i c .
DIVERSITYB l a c k s t u d e n t s a n d o t h e r m i n o r i t i e s a r e m o r e
l i k e l y t o d r o p o u t o f c o l l e g e , o f t e n d u e t o t h e i ri n a b i l i t y t o a f f o r d t h e r i s i n g c o s t o f a n
e d u c a t i o n . Y e t , o u r c o l l e g e s , w o r k p l a c e s a n dc o m m u n i t i e s a r e e n h a n c e d b y d i f f e r e n t r a c e s ,
b a c k g r o u n d s a n d l i f e e x p e r i e n c e s .
INNOVATIONR e m o v i n g t h e s t r e s s o f f i n a n c e s , s t u d e n t s
w i l l h a v e m o r e o p p o r t u n i t i e s t o t h r i v ec r e a t i v e l y , a n d h a v e a g r e a t e r i n c e n t i v et o d e v e l o p n e w b u s i n e s s e s a n d p r o d u c t s .
CONCLUSION
These are just a few wayswe can reverse the trendsof our current situation.
FOR MORE INFO
Visit my recent blog on thistopic and feel free to share.
THANK YOU
www.leopollard.com