Dr. Michael Lomax on America's College Promise and Pathways For Student Success
"Low-income black parents overwhelmingly want to send their kids to get a college degree. ... The college degree is more expensive than it's ever been. It's also more vital."
Going to college costs more now than ever before. Higher education costs have surged more than 535 percent since 1985. That means a college education is almost four and a half times more expensive than it was 30 years ago, surpassing the rate of inflation. In today's economy, the average American family may not be able to save enough money to cover a four-year college education, especially in minority communities. Dr. Michael Lomax, President and CEO of the United Negro College Fund discusses the America's College Promise Act and the Pathways for Student Success initiative, that will make college more accessible and affordable for students at Historically Black Colleges and Universities (HBCUs) and Minority-Serving Institutions (MSIs). Visit United Negro College fund on the web
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Produced by: National Newsmakers Team