Graduation Season Shouldn’t be Debt Season
High school graduates across Texas will make important decisions about their future this month. For those who haven’t decided about college yet, it’s time to weigh seeking a full-time job or enrolling in classes next fall. Adults already in the workforce may be considering postsecondary training to qualify for better jobs. All of these Texans share the financial concerns that come with paying for college, including the rising share of students who rely on debt to finance their degree.
College is still the best bet for a higher paying career, lower unemployment and better economic mobility, but many low-income Texans do not attend college or struggle to finish because they have limited financial resources.