While financial aid and scholarships might be the most well-known methods of paying for college, a number of companies will also help finance their employees’ educations.
In the past 30 years, the cost of higher education has doubled and tripled at private and public colleges, respectively. At a time when 45 million people collectively hold an estimated $1.6 trillion in student loans, the financial burden that comes with obtaining an education became a mainstream issue.
Presidential candidates, including Senators Bernie Sanders and Elizabeth Warren, have introduced plans to reduce or totally forgive the current student debt and establish free college programs. Other legislators, such as Senator Josh Hawley and President Donald Trump, advocated for putting the responsibility back on colleges and universities.
Illinois and Texas