Tens of thousands of families used to buy into the Florida Prepaid College Program every year, hoping to lock in a lower price for a university education for their children.
But as tuition and student fees have soared, so has the cost of the program, pricing out many low- and moderate-income families. Prepaid Program officials are now steering some families toward the less-expensive community-college plans.
An interesting longitudinal study of high school sophomores 10 years later was just released by the Ed.gov. Some findings on their college career:
- 19% were both working for pay and taking postsecondary courses
- 5% were taking postsecondary courses only
- 63% were working for pay only
- 13% were neither working for pay nor taking post secondary courses
10 years later, 24% were still taking college classes!
Read more about graduation rates, college loan amounts, job rates, and living arrangements.