CHALLENGES IN HIGHER EDUCATION

  • 11% of low income, first generation, students of color graduate from college in the U.S. (Pell Institute)
  • 77% of students from families in the top income quartile earn a college degree, as compared to only 9% of students from families in the lowest income quartile (University of Pennsylvania and Pell Institute).
  • Completing college is the key. Students who do not graduate are more likely to be unemployed or underemployed, and are more likely to default on their student loans (Minnesota Measures Report).
  • Over the past 25 years, consumer prices have risen by 115%, but over the same period of time the cost of attending college has increased nearly 500% for a typical student (U.S. Labor Department).
  • Americans owe $1.2 trillion in student loan debt, an amount that has tripled in the last decade; average student loan debt in Minnesota is above $30,000 (The Institute for College Access & Success).
  • By 2020, 74% of all jobs in Minnesota will require post-secondary training (Georgetown Public Policy Institute).
  • The U.S. will fall short by 5 million workers with post-secondary education—at the current production rate—by 2020 (ibid).

RESEARCH / Sources

 

 

My parents were not in the position to help pay for my college tuition. I went through the motions of applying for college, but did not believe it was meant to be as the financial burden would simply be too difficult to overcome. A scholarship from Wallin Education Partners changed all that. This program made it possible for me to attend and graduate from college, with a manageable amount of debt. 

Today, I work for a non-profit organization in Minnesota, and am always looking for ways to give back, and pay it forward, as Wallin Education Partners paid it forward by investing in me. I am so grateful.” 

Cornwell Scholar, 2002

Scholar Stories

As the cost of higher education increases, college has become out of reach for many lower income students who have the most to gain from a college degree.  Even as the population is becoming increasingly diverse, significant racial, gender, and socioeconomic gaps in college attainment persist.

Our Response

Listen to Ken Charles, Vice President, Diversity and Inclusion, General Mills explain why General Mills supports scholars: