As the rising costs of tuition and fees outpace increases in financial aid and student debt skyrockets, there has never been a more critical time to bring innovation to our higher education system. We are here to share the one thing student loan lenders don’t want you to know: There is an entire year’s worth of top-flight college education courses leading to real college credits, available for free, online right now. If you’re a governor, state education leader or a parent looking at paying the high cost of college, this message is addressed to you.
Over the past decade, the cost of college tuition has increased by a crushing 71 percent, putting higher education out of reach for many high school seniors, adult learners and others. In 2017, nearly half of all students who dropped out of college say they did so because of cost.