Imagine that you are a college student in your senior year. You are the first in your family to attend college and you work two jobs on top of your school work to make ends meet. Then, the unthinkable happens. Maybe it’s a thrown axel on your car or an unexpected illness. You have a $300 gap in tuition and try as you might, you cannot make up the difference. You end up taking a break from school and can’t finish your education, potentially wasting years of tireless work as you pursued your dream of a better life. Your dream was lost because of $300.
Sound farfetched? It’s not. It is estimated that between 15,000 and 25,000 Georgia students leave school every year because of financial challenges and $300 is the average amount needed to help them stay in school. It’s a crisis for the students and also for local business, with 65% of all jobs by 2020 projected to require a post-secondary credential and only 47% of Georgia’s workforce ready today. Flexible financial aid helps students, but in the long run, it helps our economy.
This story was originally shared in our 2018 Annual Report. To read the full report, click here.