Basic College Facts
80%
Percent of income in poorest households needed to pay for 1 year of public college
8M
Students at colleges with graduation rates below 50%
3%
Fraction of college accreditors’ activity that disciplines colleges for poor outcomes
79%
Portion of community college revenue that is publicly subsidized
An Introductory Class
College is supposed to be a ticket to economic mobility and a better life. For too many, that is simply not the case.
College is too expensive and delivers too little for too many. Too many students attend colleges with persistently low graduation rates, and those who do complete their degree often face uncertain job prospects and high debt.
Low-income students, first-generation students and students of color are most affected by these college failings.
There simply is not enough accountability or competition to drive innovation.
We believe in better.
This is what we know. And – on behalf of the 19M college students – we want better.
We believe there should be more room in U.S. higher education for innovative and carefully regulated nonprofit college startups that break the mold on results, cost and accountability. And for a movement of new colleges to take hold, we need reform to our system of college accreditation which currently blocks the formation of new colleges.
This is our work.
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