Education remains a significant stepping stone
for greater earnings potential. A 2015 report
from the U.S. Social Security Administration
found that both men and women with a
graduate degree earn more than $1 million in
median lifetime income compared with high
school graduates. But the current systems
that deliver and pay for higher education do a
disservice to those who could benefit most.
The United States is one of the few developed
nations in which 18-year-olds are encouraged
to take out hundreds of thousands of dollars
in loans to go to a university, or else face
the prospect of a lifetime of low- to middle-skill jobs. So, they go to college. But the U.S.
Census Bureau estimates there are 36 million
Americans who started college but did not earn
a degree. Those students, and often their family
members, carry overwhelming amounts of debt
that takes decades to repay. The total amount of
student debt in the United States is estimated
at $1.5 trillion. Further, it takes an average of 20
years for students to pay off that loan.
Please fill all the required * fields.