Higher education offers millions of people the opportunity to improve their financial well-being. However, higher education is prohibitively expensive and can saddle people with insurmountable debt. Costs beyond tuition—such as housing, food, child care, and transportation—are large, essential components of the cost of attending college for students. In order to better understand how these living costs add up and vary, this report offers estimates of costs beyond tuition for older students between the ages of 25 – 45, who make up roughly one-third of college students and face unique barriers to college access and completion. The report shows that the real cost of college for older students is higher than commonly understood, examines older students’ challenges with financial aid and public benefits programs, and offers policy recommendations to address costs beyond tuition and improve college access and success for older students.
Throughout the COVID-19 crisis, essential workers have supported the well-being of our communities and the economy, but inconsistencies in federal, state, and local essential worker policies have limited some workers’ access to paid sick days, greater compensation, and other benefits. This brief, published jointly with the Workers’ Rights Institute, provides an inclusive definition of essential workers, and finds that women, people of color, and immigrants are over-represented in the essential workforce and face increased risks related to COVID-19.
For many students, the real cost of college is even higher than commonly understood. Although rising tuition costs limit college affordability, living costs—such as housing, food, and transportation—are equally essential for students striving to afford and complete college. This report examines older students’ particular challenges to college completion, describes how current measurements of costs beyond tuition do not adequately reflect older students’ experiences, and offers new estimates of older students’ spending on housing, which is typically the single greatest cost older students face.
Economic mobility is little more than a myth for most people who grow up in families with low incomes. A child born in poverty in the early 1980s had single-digit chances of having a high income as an adult. If we want to simply raise incomes from one generation to the next, we’re failing. Nearly all Americans born in 1940 had incomes higher than their parents’ by the time they reached the same age, but today, only half of adults born in 1980 make more than their parents did.