College dropout rates are higher in marginalized communities of color.
REASONS STUDENT DROP OUT
38% of college students who drop out do so because of financial pressures.
Students are experiencing a lack of basic needs access at significantly higher rates than the rest of the population. The Federal Government Accountability Office released a report in 2018 that stated, “investment in higher education is at risk if college students drop out because they cannot afford basic necessities.”
When college students drop out they are often burdened by loans that they still have to pay off. This is made worse when they are unable to acquire higher paying jobs they would have been able to acquire if they had been able to finish their degree.
We must work to make higher education more financially access to everyone who wants to get a college degree can complete their education.