Exploring Innovative Paths to Pay for College | OAS Episode 202
Our two guests on this episode—Ethan Pollack of Jobs for the Future and Andrew Smalley of NCSL—discuss how a set of innovative financial tools are helping students pay for college and other post-secondary education, and the role legislatures can play in facilitating those efforts.
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Show Notes
Paying for college and other post-secondary education continues to be a challenge for many. Already, 44 million Americans owe more than $1.7 trillion in student loan balances. At the same time, there's strong evidence that lifetime earnings increase for those who attend and complete college or other post-secondary education.
The guests for this podcast are Ethan Pollack , a senior director at Jobs for the Future, a national nonprofit aimed at expanding economic opportunity, and Andrew Smalley, an education policy expert at NCSL.
Pollack discussed a number of innovative financing strategies involving philanthropic organizations, employers, government and financial institutions that offer the promise of helping students pay for their education at a lower cost. And in some instances that better scale the cost to the potential earnings of the graduate.
Smalley explained the steps states are taking to help facilitate these innovative approaches and also broke down what most students and families pay for post-secondary education.
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