College Affordability Initiative and Student Debt Statistics
Explore the College Affordability Initiative focusing on student debt specialist roles, current statistics on student debt in the U.S., average debt for Wisconsin college graduates, and the ongoing debate on student loans as an investment in higher education. Discover insights and resources to address student debt challenges.
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Presentation Transcript
2016 Fall DPI Academic and Career Planning Leadership Conference Cheryl Weiss Cheryl Weiss College Affordability/Student Debt Specialist Wisconsin Department of Financial Institutions December 7, 2016
College affordability initiative College affordability/student debt specialist position created in April Part of Governor Walker s efforts to help students Focus on outreach Networking with stakeholder groups Resource for people with student debt
College affordability initiative Current state of student debt $1.26 trillion student debt in U.S.
College affordability initiative Current state of student debt $1.26 trillion student debt in U.S. 43.3 million Americans have student debt
College affordability initiative Current state of student debt $1.26 trillion student debt in U.S. 43.3 million Americans have student debt $29,460 average debt for a Wisconsin college graduate in 2015
College affordability initiative Current state of student debt $1.26 trillion student debt in U.S. 43.3 million Americans have student debt $29,460 average debt for a Wisconsin college graduate in 2015 70% of all 2015 Wisconsin graduates were in debt
College affordability initiative The great debate over student debt
College affordability initiative The great debate over student debt Student loans are an investment in one s future We want student to seek higher education Higher ed degree = increased earnings potential But how much debt is too much debt? What if all students had a plan before going to college?
College affordability initiative We want to help
College affordability initiative We want to help Provide information for students and parents Encourage students to plan ahead Promote career planning for students in grades 6-12 Highlight alternatives to 4-year degrees Create a Wisconsin-centric website as a resource
College affordability initiative We want to help Provide information for students and parents Encourage students to plan ahead Promote career planning for students in grades 6-12 Highlight alternatives to 4-year degrees Create a Wisconsin-centric website as a resource Look no further
www.LookForwardWI.gov Wisconsin s resource website college affordability student debt
