Why Give?

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

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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

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

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