ENGINEERING ECONOMIC VITALITY FOR ALL
The Escalating Cost of College
The cost of college is skyrocketing today, and student debt exceeds $1.6 trillion.
Just as easy credit for home buyers led to unrealistically high home prices, easy credit for students has enabled college tuition that is too high.
The Challenge Program
The Challenge Program provides students a free education at schools offering a full year’s tuition for $10,000 or less.
The Challenge Program would not be for schools where the cost of tuition is higher than $10,000.
The program would cause colleges to find a way to lower their tuition to $10,000.
The Challenge Program would not only drive down the cost of college, it would encourage a wider variety of cost effective post-secondary options for students that lead to jobs.