Let’s face it—college is expensive! Imagine working hard to get into college only to find out that you can’t afford it. Some students turn to financial aid, but find out upon graduation that they’re tens of thousands of dollars (if not hundreds of thousands of dollars!) in debt. It’s a serious problem and one that cities like San Francisco, people like billionaire Robert F. Smith, and a growing number of colleges are looking to solve. One solution proposed by the University of Texas at Austin? Free tuition for in-state (or those living in the state) students whose families make less than $65,000 a year. The hope is that with this scholarship, qualified students won’t be discouraged from enrolling because of cost. Furthermore, students won’t feel burdened by debt after graduation. A number of other colleges and universities are already offering tuition-free scholarships.
Is this a growing trend? What do you think? Share your thoughts with us by emailing email@example.com!