Wealthy Colleges and Low Income Students: Finding Cohesion
Higher education in America is universally paid; however, almost every intelligent high school graduate can get a College degree. Many capable students in the USA refuse from studying at College, mistakenly believing they cannot afford it. Of course, this is not easy, especially for low income students. Let us examine this question in detail.
Believe and act
More capable and more persistent is low income applicant, the higher are his chances to get a diploma with a feasible cost or even free:
– firstly, tuition fees in colleges according to their prestige may vary in five or even ten times;
– secondly, there are organizations and people who fully or partially pay for the students learning, if they see that it is worth it;
– thirdly, it is possible to learn and earn;
– finally, you can take a loan to study in debt: in America, almost all bought on credit.
It is already easier to get a master’s degree or Ph.D. with the diploma of any college in hands.
There are private colleges, which do not infringe upon poor students. They are in a small amount, and this trend is only beginning to gain momentum, but they exist. For example, Massachusetts Williams College. Last year 20 percent of students obtained Pell grants there. It is financial assistance usually for students whose families earn less than forty thousand dollars per year. There are other Pell recipient colleges – the University of Southern California, Grinnell College, Denison University. These colleges show a good example to their colleagues, which enroll much lower percentage of poverty-stricken students.
It is time to take action
The former mayor of New York launched American Talent Initiative program that aimed to increase the coverage of rich colleges that support the scheme of Pell grants. Congress is also on the alert – last year he invited fifty-six private colleges to present documents and papers showing how much endowment dollars are spent on financial assistance. This is a signal that federal legislators are reviewing whether these colleges should be subject to appropriate taxes.
The current situation
All mentioned colleges vary in size, strategy and approach. However, their Pell grants rates are significantly higher than the average number of private colleges of the elite type with large donations. All of them are sympathetic to poverty-stricken students, they offer them financial assistance. They all have the high percentage of students who got Pell grants and successfully completed their education.
Colleges make some efforts to ensure the welfare of needy students is at low cost. For example, the college had entered an emergency subsidy with the name «Red thread», about $300 to lend a hand to students who require articles of daily necessity, dental services or glasses. Funds are allocated according to the financial situation of students. Students with higher needs tend to get larger emergency subsidies. Denison University and Williams College offer free textbooks for needy students.
These establishments are an example for everyone else, as they open their doors for students who are almost desperate to get quality education. And the education should be available for all.