In a January 22 opinion piece published in MinnPost, Augsburg University President Paul C. Pribbenow joined the presidents of 16 other private colleges in advocating for need-based financial aid for all Minnesota students. In it, the presidents argued for greater investment in the Minnesota State Grant program and financial aid fairness for low-income students regardless of where in the state they attend college.
“Public colleges alone cannot solve our social and economic challenges, nor should they be expected to do so,” they wrote. “Private nonprofit colleges serve these same public purposes. To meet its workforce development and social mobility goals, the state needs to increase financial investments in all students with demonstrated need and take full advantage of all of Minnesota’s educational assets—including its stellar private colleges.”
Read the full article via MinnPost: “All Minnesota college students deserve financial aid fairness”
Can you get free money for college? Only if you apply.
Credit-card debt is a problem that faces many college students. BusinessWeek reported last year that 75% of college students have cards, up from 67% in 1998. Nellie Mae, a student-loan corporation, found that the average outstanding balance on undergraduate credit cards was $2,169 in 2004.