Facts & Statistics on Student Debt

  • The average student loan debt for the class of 2019 is $29,200, Institute for College Access and Success, 2020

  • Every second $2,858 worth of student debt is accrued. Debt.org, 2020

  • The rising national student loan debt is at 1.56 trillion, which is negatively impacting student’s ability to purchase a home, start a business, and contribute to retirement accounts. Forbes, 2020

Your Financial Contribution Helps Students Attend College

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Facts & Statistics on Purpose & Work

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  • Only 38% of college graduates have discovered work that has a satisfying purpose. Gallup and Bates College Report, 2019

  • This “purpose gap” phenomenon suggest 80% of college graduates say it’s important to have a sense of purpose from their work and graduates with high purpose in their work are 10 times more likely to be thriving in their well-being by 59% – Gallup and Bates College Report, 2019

  • Higher education is an especially good context in which to examine purpose. Many people who discover their “calling” in life do so between the ages of 20 and 30. – William Damon – Path to Purpose: How Young People Find Their Calling in Life

Your Financial Support Will Empower and Equip Youth to Succeed

Facts & Statistics on Professional & Career Development

  • Students reported feeling their college experience did not provide the critical skills they need to transition into the workforce, such as solving complex problems (43%), resume writing (37%), interviewing (34%) and job searching (31%) – McGraw-Hill Education’s Future Workforce Survey, 2019

  • Only 4 in 10 U.S. college students feel very prepared for their future careers. Women were less confident in their career readiness. College graduates don’t feel well-equipped to face the real world. McGraw-Hill Education’s Future Workforce Survey, 2019

  • There are 14.6 million young who do not have mentors. This unmet need constitutes a “mentoring gap.” MENTOR and the Corporation for National and Community, 2020

Your Giving Provides Students with Supportive Mentors

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