大学费用：高等教育价格及其对入学的影响

CostofCollege:ThePriceTag

ofHigherEducationandItsEffecton

EnrollmentGALLUP·CostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentTable

of

ContentsIntroductionKeyFindingsAmericansSeetheValueofCollege,butCostContinuestoHinderAccessCollegeCostsUnclearforMany,ImpactingCollege-GoingIntentionsof

UnenrolledAdultsCostIsaPrimaryFactorforStoppingOutofCollegeSevenin10StudentBorrowersHaveDelayedMajor

Life

Events

Implications28Methodology29AboutGallup29AboutLuminaFoundation1Copyright©2024Gallup,Inc.Allrightsreserved.24614182327FormanyAmericans,educationafterhighschoolisexpensive,ifnotcost-prohibitive.Duringthe2021-22academic

year,theaveragecostofattendancerangedfrom$10,000per

yearatpublic,two-yearinstitutionstoover$56,000atprivate,four-yearnonprofitcolleges.1

Students’netcostistypicallymuchlessthantheadvertised

stickerpriceduetoinstitutionalgrantaidandscholarships.However,38%of

undergraduatesstillneedtotakeoutloanstopayfortheireducation.2TheLuminaFoundation-GallupStateofHigherEducation2024studyshowsthatconcernsaboutcollegeaffordabilityaretopofmindforAmericans.ThisnationalsurveyfocusesonthreekeysegmentsoftheU.S.adultpopulation

—thosewhoarecurrentlyenrolledinpostsecondaryeducation,those

whopreviouslyenrolledbuthavenotcompletedadegreeandthose

whoneverenrolledineducationafterhighschool

—tounderstandtheir

experiences

with

and

attitudes

toward

postsecondary

education.1COE

—

Price

of

Attending

an

Undergraduate

Institution.(n.d.).U.S.DepartmentofEducation,NationalCenterforEducationStatistics.https://nces.ed.gov/ipeds/search/viewtable?tableId=32476&returnUrl=%2Fsearch2COE

—

Loans

for

undergraduate

students

and

debt

for

bachelor’s

degree

recipients.(n.d.).U.S.Department

of

Education,National

Center

for

Education

Statistics.

https://nces.ed.gov/programs/coe/indicator/cub2Copyright©2024Gallup,Inc.Allrightsreserved.CostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentIntroductionThesurveyshowsthatcostisamajorperceivedbarriertoobtainingacollegedegreeorpostsecondarycredentialforallthreesubpopulations.Costisatopreasonwhycurrentlyenrolledstudents,especiallybachelor’sandassociatedegreestudents,considerstoppingoutofcollege.CostsarealsoakeyreasonunenrolledAmericanssaytheyarenotpursuingadegree.Despite

concerns

about

cost,fewunderstandtheactualpriceofhighereducation

—specifically,thepriceofobtainingabachelor’sdegree.Learningabout

theactualcostof

attendanceincreasesunenrolled

Americans,reportedinterestinpursuingacollege

degree.Costs

also

affecttheir

persistence

rates

onceenrolled,aswellasthe

timingoftheirmajorlifedecisionslikebuyingahouseandhavingchildren.3Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentKey

FindingsMorethanhalf(56%)ofnever-enrolledandpreviouslyenrolledadultssaycostisa“veryimportant”reason

whytheyhavenotenrolledorreenrolled

in

college.Unenrolledadultsacrossrace,ageandfirst-generation

college

studentstatus

consistently

rate

cost

asthe

most

important

factor

in

theirdecisiontoremainunenrolled.Thirty-one

percent

of

currentlyenrolledadults

whohaveconsideredstopping

theircourseworkcitecostas

areason.Costisanespeciallyimportant

consideration

forwithdrawingamongbachelor’sdegree

students.4Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentTwenty-threepercentofU.S.adults

without

college

degreesestimate

theannualnetcostofabachelor’sdegree

from

apublic

college

within$5,000of

the

actual

cost.Half

of

adultswhoneverenrolledinatwo-orfour-yeardegreeprogramsaytheyareatleastsomewhatmorelikelytopursueafour-yearcredentialafterlearningtheactualcostofadegree.Seventy-one

percent

of

currentlyandpreviouslyenrolledU.S.adults

whohavetakenoutloansreporthaving

delayed

at

least

onesignificantlifeeventbecauseof

theirstudentloandebt,including

buyingahome,purchasingacaror

returning

to

complete

their

degreeor

credential.Thirty-fivepercentofU.S.adultswithoutacollegedegreesayallor

most

people

in

the

U.S.haveaccess

toquality,affordableeducation

after

high

school

—anincrease

of12percentage

pointsfrom2022.5Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentMorethanhalfofU.S.adultssaybachelor’sdegrees

are

valuable.MostAmericanssayalltypesofpostsecondarycredentialsare

“extremely”or

“very”valuable,includingindustrycertifications(74%),certificates(64%),associatedegrees(60%),bachelor’sdegrees(75%)andgraduatedegrees(80%).Thisfindingistrueofcurrentlyenrolledandunenrolledadults.Notably,75%ofadultspreviouslyenrolledinadegreeprogramand73%ofnever-enrolledadultsratebachelor’sdegreesasextremely

orvery

valuable.CHART

1Americans’

ValueofDegreesandPostsecondaryCredentialsAmong

adults

without

a

college

degreeAmericans

See

the

Value

ofCollege,but

Cost

Continues

toHinder

AccessIngeneral,how

valuableareeachof

the

following

typesofdegrees/credentials?%Extremelyvaluable+%Veryvaluable OverallCurrentbachelor’sstudentCurrentassociatestudent Previousbachelor’sorassociatestudentNeverenrolledinadegreeprogram6Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

Enrollment“I’mundertheimpressionthatit’sworthit

aslongas

youhaveanend

goal.I

know

some

peoplego

[to

college]

and

theydon’t

really

knowwhattodo,and

then

they

end

up

just

with

a

lotof

debtthatthey

can’t

payoff.ButIthink

it’sveryworthit

if

you

have

a

goal

of

whereyou

want

to

go

afterwards.—SarahC.,

Whitefemale,21,never

enrolledTwoinfiveAmericansbelievedegreesareimportantpathways

to

successful

careers.Forty-twopercentofU.S.adultssayhavinganassociateorbachelor’sdegreeismoreimportanttodaythan20

yearsagoforachievingcareersuccess,consistent

withfiguresfromprevious

years.CHART

2PerceivedImportanceofCollegeDegreeToday

vs.20

Years

AgoAmong

adults

without

a

college

degreeCompared

to20

yearsago,howimportantisit

forpeople

today

tohavea

two-yearor

four-year

collegedegreeinorder

for

them

tohaveasuccessfulcareer? %Moreimportant%Equallyimportant%Less

importantCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

Enrollment7Copyright©2024Gallup,Inc.Allrightsreserved.Note:Duetorounding,percentagesmaynotsumto100%.Currentlyenrolledstudentsbelievetwo-andfour-yeardegreespromotecareersuccess,andunenrolledadultsfeelsimilarly:Forty-twopercentofadultswhoneverenrolledinadegreeprogramand38%whowerepreviouslyenrolledinadegreeprogrambelieveacollegedegreeismoreimportantinsecuringasuccessfulcareertodaythan20

yearsago.CHART

3PerceivedImportanceofCollegeDegreeToday

vs.20

Years

AgobyEnrollment

StatusandDemographicGroupsAmong

adults

without

a

college

degreeCompared

to20

yearsago,howimportantisit

forpeople

today

tohavea

two-yearor

four-year

collegedegreeinorder

for

them

tohaveasuccessfulcareer? %Moreimportant%Equallyimportant%Less

important8Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentNote:Duetorounding,percentagesmaynotsumto100%.Americanssayconcernsaboutcost

—not

value

—deterthem

from

pursuing

college.Consistent

withfindingsfromprioradministrationsof

theLumina-GallupStateofHigherEducationsurvey,themajorityofunenrolledU.S.adultsin2023continuetocitecostasa“veryimportant”reasonwhytheyarenotcurrentlyenrolledinanypostsecondaryprogram.CHART

4ImpactofCostonPursuingaDegreeorPostsecondaryCredentialAmongadultsunenrolled

inacertificate,certification,associateor

bachelor’sdegree

program“Costwasabigreasonfor

thedecisiontonotenroll.Goingintodebt

—Ididn’twanttodo

it.

AndIdidn’twanttoask

my

parentsto

do

it

for

me.—RandyG.,

Whitemale,51,never

enrolledHowimportantareeachof

the

followingasreasons

why

youarenotcurrentlyenrolled?

Thecostof

thedegreeorcredentialprogram %Veryimportant%Moderatelyimportant%Not

veryimportant%NotimportantatallCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

Enrollment9Copyright©2024Gallup,Inc.Allrightsreserved.Note:Duetorounding,percentagesmaynotsumto100%.Morethanhalf(56%)ofunenrolledadultssaycostisa

veryimportantreasontheyarenotpresentlypursuingapostsecondarydegreeorcredential,rankingitaheadofallotherfactorstestedbyatleast10percentagepoints.Bycontrast,only21%of

theseadultsreport

concerns

about

the

value

of

further

education

as

a

very

important

reason.CHART

5PerceivedBarriers

toObtainingaDegreeorPostsecondaryCredentialAmongadultsunenrolled

inacertificate,certification,associateor

bachelor’sdegree

programHowimportantareeachof

the

followingasreasons

why

youarenotcurrentlyenrolled? %Veryimportant%Moderatelyimportant10Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentNote:Duetorounding,percentagesmaysumto±1%.Unenrolledadultsacrossdemographicgroups,includingraceandage,consistentlyratecost

as

the

most

important

factor

in

their

decision

not

to

pursue

postsecondary

education.Notably,womenaremuchmorelikelythanmentoidentifycostasa

veryimportantbarrier

(64%vs.50%).CHART

6PerceivedBarriers

toObtainingaDegreeorPostsecondaryCredentialby

EnrollmentStatusandDemographicGroupsAmongadultsunenrolled

inacertificate,certification,associateor

bachelor’sdegree

programHowimportantareeachof

the

followingasreasons

why

youarenotcurrentlyenrolled?

Thecostof

thedegreeorcredentialprogram %Veryimportant%Moderatelyimportant%Not

veryimportant%Notimportantatall11Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentNote:Duetorounding,percentagesmaynotsumto100%;numericalvaluesshownwhen5%orhigher.Two-thirds

of

Americans

are

skeptical

about

access

toaffordable

education

after

high

school.Thirty-fivepercentofU.S.adultswithoutacollegedegreebelievemostorallAmericanscanaccessquality,affordableeducationafterhighschool.However,aroughlyequalproportionsaynottoomanyornoAmericansatallhavesuchaccess.Theremaining32%believethatabouthalfof

Americanshaveaccesstoquality,affordableeducation.Overthepastthree

years,Americans’skepticismaboutaccesstoaffordableeducationoptionshas

vacillated.In2021,threein10adultswithadegreesaidallormostadultshaveaccesstoqualitypostsecondaryeducation;one

yearlater,thatpercentagedeclinedbysixpoints.The2022surveywasadministered

justtwomonthsafterPresidentBidenannouncedhisstudentloanreliefinitiative,whichbroughtasharpnationalfocustotherisingcostofcollegeandmayhaveimpacted

viewsofcollegeaccessibility.3

One

yearremoved

from

the

height

of

the

student

debt

debate,Americans’perceptions

ofcollegeaffordabilityin2023havereboundedby12percentagepoints.CHART

7Perceptionsof

Access

to

AffordablePostsecondaryEducation,2021-2023Among

adults

without

a

college

degreeIn

your

view,how

many

people

in

the

U.S.

have

access

to

a

quality,affordable

education

afterhighschoolif

they

wantit?■%All■

%

Most■%Abouthalf.

%Nottoomany.

%None3Fact

sheet:President

Biden

announces

student

loan

relief

for

borrowers

who

need

it

most.(2022,

August2).

The

WhiteHouse.

https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/24/fact-sheet-president-biden-announces-student-loan-relief-for-borrowers-who-need-it-most/Note:Duetorounding,percentagesmaynotsumto100%ormaysumto±1%;numerical

valuesshownwhen

5%orhigher.12Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentAdultswhohaveneverpursuededucationafterhighschoolareespeciallyskepticalaboutaccess

to

affordable

postsecondary

education.Thirty-eight

percent

of

never-enrolledadultssaynottoomanyornopeopleintheU.S.canaccessquality,affordableeducationafterhighschool,compared

with30%ofpreviouslyenrolledadultsand26%ofcurrentlyenrolled

students.Womenaremuchlesslikelythanmentobelievemostcanaccessaffordableeducationafterhighschool(24%

vs.45%).Adultswhowouldbethefirstintheirfamilytograduatefromcollege,aswellasHispanicadults,arealsomoreskepticalthatmostAmericanscanaccess

affordable

postsecondary

education.CHART

8Perceptionsof

Access

to

AffordablePostsecondaryEducationbyEnrollment

StatusandDemographicGroupsAmong

adults

without

a

college

degreeIn

your

view,how

many

people

in

the

U.S.

have

access

to

a

quality,affordable

education

afterhighschoolif

they

wantit? %All%Most%Abouthalf

%Nottoomany%None13Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentNote:Duetorounding,percentagesmaynotsumto100%;numericalvaluesshownwhen5%orhigher.Most

Americans

incorrectly

estimate

the

actual

cost

of

acollege

degree.Whenaskedtoestimatetheannualcostofobtainingabachelor’sdegreefromaU.S.publiccollege,fewerthanoneinfourU.S.non-degreeholders(23%)estimatethenetcostwithin$5,000oftheactualprice.Theactualannualcostofafour-yeardegreeatin-statepubliccollegesisabout$15,000.4

Thirty-onepercentofadultssayadegreefromapubliccollegewillcostatleast$20,000per

year,and47%believeitislessthan$10,000per

year.Adultscurrentlyandpreviouslyenrolledintwo-andfour-yeardegreeprogramsalsostruggletounderstandthespecificsofnetcost,astheyare

justaslikelyastheirpeerswhohaveneverbeforeenrolledtomiscalculatethecost.CHART

9PerceivedCostofaBachelor’sDegreebyEnrollmentStatusCollege

Costs

Unclear

forMany,Impacting

College-GoingIntentions

of

Unenrolled

AdultsHowmuchdo

you

think

theaveragein-statestudentatapubliccollegeactuallypaysper

year,

aftergrantsandscholarships

theyreceive

from

thecollege? %Underestimatescostby$5,000ormore%Estimates

within$5,000ofactualcost %Overestimatescostby$5,000ormore4COE

—

Loans

for

undergraduate

students

and

debt

for

bachelor’s

degree

recipients.(n.d.).U.S.Department

of

Education,National

Center

for

Education

Statistics.https://nces.ed.gov/programs/coe/indicator/cub

14Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentNote:Duetorounding,percentagesmaynotsumto100%.Confusion

about

costs

is

consistent

across

age

and

first-generation

college

studentstatus.However,BlackandHispanicadultsaremorelikelytounderestimatetheactualcostofadegreethanAsianandWhiteadults.Morewomenthanmenalsounderestimatethe

cost.CHART

10PerceivedCostofaBachelor’sDegree

AcrossDemographicGroupsHowmuchdo

you

think

theaverageinstudentatapubliccollegeactuallypaysper

year,after

grantsandscholarships

theyreceive

from

thecollege? %Underestimatescostby$5,000ormore%Estimates

within$5,000ofactualcost %Overestimatescostby$5,000ormore15Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentNote:Duetorounding,percentagesmaynotsumto100%.Americans

whounderestimatecollegecostsstill

feel

that

educationafterhighschoolisunaffordable.Interestingly,U.S.adultswhounderestimatethecostofabachelor’sdegreeare

justasskepticalaboutcollegeaffordabilityastheircounterparts

whooverestimateit.Thirty-fourpercentof

Americans

whounderestimatethecostofcollegesaythatallormostpeople

can

access

quality

education

after

high

school,compared

to

32%of

those

whooverestimate

the

cost.CHART

11ImpactofPerceivedCostson

Viewsof

AffordabilityofQualityEducationIn

your

view,how

many

people

in

the

U.S.

have

access

to

a

quality,affordable

education

afterhighschoolif

they

wantit? %All%Most%Abouthalf

%Nottoomany%NoneNote:Duetorounding,percentagesmaynotsumto100%ormaysumto±1%;numerical

valuesshownwhen

5%orhigher.CostofCollege:ThePriceTagofHigherEducationandItsEffect

on

Enrollment16Copyright©2024Gallup,Inc.Allrightsreserved.Understanding

cost

influences

whether

individuals

wouldconsiderpursuingabachelor’sdegree.HalfofU.S.adultswhohaveneverenrolledinatwo-orfour-yeardegreeprogramreportthattheyare“much”or“somewhat”morelikelytopursueabachelor’sdegreeafterlearningthetruecostofattendance.Men,AsianAmericansand

youngeradultsaged18to25aremost

influenced

by

learning

about

the

total

cost

of

attendance.BlackandHispanicadults

—whoareamongthemostlikelytomiscalculatethecostofacollegedegree

—alsoreportmoreinterestinabachelor’sdegree,althoughtoalesserextentthanAsianAmericans.However,women

—whotendtounderestimatethecost

—remainlesslikelythanmentoconsiderafour-yeardegreeafterlearningthe

net

price.CHART

12InfluenceofPrice

AwarenessonCollege-GoingIntentionsAmongadultswhohavenever

enrolled

inatwo-or

four-year

degree

programKnowing

that

theaveragecoststudentsactuallypayismuchlower

than

thestickerprice,does

thismake

you: %Muchmorelikelytopursueafour-yeardegree%Somewhatmorelikelytopursueafour-yeardegree

%Nomorelikelytopursueafour-yeardegree17Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentNote:Duetorounding,percentagesmaynotsumto100%;numericalvaluesshownwhen5%orhigher.CostIsaPrimary

FactorforStopping

Out

of

CollegeAboutoneinthreestudentscurrentlyenrolledinanypostsecondaryprogram(35%)haveconsideredstoppingtheircourseworkoverthepastsixmonths.Amongthese,31%citecostasareason.Thismakescostthethird-mostselectedconsiderationforstoppingout,behindemotionalstressandpersonalmentalhealthreasons.CHART

13ReasonsStudentsConsiderStoppingOutAmong

currently

enrolled

adults

pursuing

a

certificate,certification,associate

or

bachelor’sdegree

who

have

considered

stopping

out

of

their

program

in

the

past

six

monthsWhichof

the

followingdescribes

why

youconsideredstopping

yourcoursework?

Selectall

that

apply.%Selected18Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

Enrollment“Costwasamajor

factor

instopping

out.The

school

that

Iwasgoingatwasexpensive...and

a

lot

of

the

stuff

that

I

waslearningatthemoment

fromthat

particular

school

I

alreadyhad

knew

really.

And

Ifeltfor

meto

continue

to

go

there

and

paythat

amount

of

money

and

notgettheeducationthat

Ifelt

likeIdeserved,itwasn’tworthit.—GaryW.,Blackor

AfricanAmericanmale,36,stoppedoutBachelor’sandassociatedegreestudentsaremostlikelytoidentifycostasaconsiderationforstoppingtheircoursework.Notably,studentspursuingbachelor’sdegreesarenearlytwiceaslikelyasthoseenrolledincertificateorindustrycertificationprogramstosaythatcostinfluencestheirabilitytostayenrolled.CHART

14CostasConsideration

for

WithdrawingAmong

currently

enrolled

adults

pursuing

a

certificate,certification,associate

or

bachelor’sdegree

who

have

considered

stopping

out

of

their

program

in

the

past

six

monthsWhichof

the

followingdescribes

why

youconsideredstopping

yourcoursework?

Costof

thedegreeorcredentialprogram%Selected19Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentFinancialaidisacritical

tool

forstudentretention.Nearlysixin10studentscurrentlyenrolledincollegeorapostsecondarycredentialprogram(56%)sayfinancialaidorscholarshipsarea“veryimportant”reasontheyarestill

enrolled

—aseven-percentage-pointincreasefrom2021.CHART

15ImportanceofFinancial

AidinRetainingStudentsAmong

currently

enrolled

adults

pursuing

a

certificate,certification,associate

orbachelor’s

degreeHowimportantareeachof

the

followingin

yourbeingable

toremainenrolledin

yourprogram?

Financialaidorscholarship

that

youreceived %Veryimportant%Moderatelyimportant%Not

veryimportant%Notimportantatall

%Notapplicableto

you20Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentNote:Duetorounding,percentagesmaynotsumto100%;numericalvaluesshownwhen5%orhigher.Financialaidisanespeciallyimportantretentionfactoramongstudentswhohaveconsideredstoppingout,particularly

womenandBlackandHispanicstudents.CHART

16ImportanceofFinancial

AidinRetainingStudents

AcrossDemographicGroupsAmong

currently

enrolled

adults

pursuing

a

certificate,certification,associate

or

bachelor’sdegree

who

have

considered

stopping

out

of

their

program

in

the

past

six

monthsHowimportantareeachof

the

followingin

yourbeingable

toremainenrolledin

yourprogram?

Financialaidorscholarship

that

youreceived %Veryimportant%Moderatelyimportant%Not

veryimportant%Notimportantatall

%Notapplicableto

you21Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentNote:Duetorounding,percentagesmaynotsumto100%;numericalvaluesshownwhen5%orhigher.Bachelor’sandassociatedegreestudents

whohaveconsideredstoppingoutareover20percentagepointsmorelikelythantheirpeersincertificateandindustrycertificationprogramstosayfinancialaidisaveryimportantreasontheyarestillenrolled.CHART

17ImportanceofFinancial

AidinRetainingBachelor’sand

Associate

DegreeStudentsAmong

currently

enrolled

adults

pursuing

a

certificate,certification,associate

or

bachelor’sdegree

who

have

considered

stopping

out

of

their

program

in

the

past

six

monthsHowimportantareeachof

the

followingin

yourbeingable

toremainenrolledin

yourprogram?

Financialaidorscholarship

that

youreceived%Veryimportant22Copyright©2024Gallup,Inc.Allrightsreserved.LuminaFndtn_CostCollege_041024_hsCostofCollege:ThePriceTagofHigherEducationandItsEffect

on

EnrollmentSevenin

10StudentBorrowers

HaveDelayedMajor

Life

Events“Especially

given

how