Out of Reach? How a Shared Definition of College Affordability Exposes a Crisis for Low-Income Students

dc.contributor.authorHuelsman, Marken
dc.date.accessed2020-02-23en
dc.date.accessioned2020-04-17T19:28:33Zen
dc.date.available2020-04-17T19:28:33Zen
dc.date.issued2016en
dc.description.abstractThis analysis attempts to use one definition of affordability to figure out which states have affordable college for which students. Simply, the Rule of 10 states that college is affordable if students can meet the total net price through 10 hours of work per week and 10 percent of a family’s discretionary income over 10 years. Using this benchmark, the author examines the average net price for low-income students in every state at both public four-year colleges and community colleges. He also created two additional scenarios—a worker returning to college after 10 years in the labor force making median earnings by race, and a student paying the average net price nationally and taking on student debt—to see how this benchmark holds up for the average student, by race.en
dc.description.sponsorshipDemosen
dc.format.mimetypeapplication/pdfen
dc.identifier.sourceurlhttps://www.demos.org/sites/default/files/publications/Out%20of%20Reach.pdfen
dc.identifier.urihttp://hdl.handle.net/10919/97788en
dc.language.isoenen
dc.publisherDemosen
dc.rightsCreative Commons Attribution-NonCommercial-NoDerivs 3.0 United Statesen
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/us/en
dc.subjectcollege affordabilityen
dc.subjectreturn of investmenten
dc.subjectlow-income studentsen
dc.titleOut of Reach? How a Shared Definition of College Affordability Exposes a Crisis for Low-Income Studentsen
dc.typeReporten
dc.type.dcmitypeTexten

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