The Need For Our Services
uAspire college affordability services are critical in breaking down the pervasive perceived and real barriers to accessing and completing college.
- By 2018, 63% of U.S. jobs are projected to require some higher education, yet only 40% of California adults hold associates or bachelor’s degrees.
- Between 2004 and 2012, the number of student borrowers and size of their loans grew 70%.
- Loans require repayment whether or not a person completed college. Almost 14% of student loan holders default on their loans, hindering their ability to participate in economic activities like buying a home or a car.
- Nationally, of low-income, first-generation college-bound students who enroll in college, only 11% earn a bachelor’s degree within six years.
Removing financial barriers to higher education leads to higher enrollment and graduation rates, helping more students fulfill the economic promise of an affordable college degree.