The Existing Opportunity Gap for Low-Income Students in American Universities

The situation in higher education for low-income students in American Universities is appalling. A recent report by The Education Trust churned out figures such as:

• Across the country, 1,186 four-year colleges and universities in America have comparable data on what low-income students actually pay to attend college. Of these, only five meet relatively conservative criteria for affordability, quality, and accessibility.

• After exhausting all sources of grant aid, the typical low-income student must come up with more than $11,000 a year to attend a public or private nonprofit college.

• Every year, this extraordinary financial burden requires low-income families to pay or borrow an amount equivalent to nearly three-quarters of their family income for just one child to attend a four-year college. In contrast, middle-class students must finance the equivalent of 27 percent of their family income to go to college, while high-income students must finance just 14 percent.

It is a shocking situation, and one that further illuminates the financial barriers to higher education that disadvantaged bright minds face. These figures only strengthen the importance of UoPeople’s mission to democratize higher education. We believe that by opening the gates to higher education access, family income won’t dictate success; only an individual’s ability and motivation will. Our hope is that we can serve as a model for traditional universities, as well as governments, in order to further open the gates for low-income students worldwide.

What do you think can further assist in minimizing the opportunity gap for low-income students?

Advertisements

About President Shai Reshef

Starting in 1989, Shai Reshef served as chairman of the Kidum Group, a test preparation company, which he sold in 2005 to Kaplan, one of the world’s largest education companies. While chairman of Kidum, he built an online university affiliated with the University of Liverpool, enrolling students from more than 100 countries; that business was sold to Laureate, another large for-profit education company, in 2004. A vessel for universal higher education, UoPeople has the enormous potential to function as a global stimulus package, reaching even the most remote and poorest places on earth. Our ultimate mission is to democratize higher education and, if the past two years are any indication, this is not merely a pipe dream.
This entry was posted in Uncategorized and tagged , , , , , . Bookmark the permalink.

2 Responses to The Existing Opportunity Gap for Low-Income Students in American Universities

  1. The need some government interventions.

  2. Shawn Piers says:

    Well for one, lowering exam fees for those of us living on poverty level wages in the US 😉

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s