Financial Aid

Endowments: a path toward tuition-free college in Md.

Endowments: a path toward tuition-free college in Md.

Education, specifically higher education, is directly correlated to innumerable economic and social benefits: higher salaries, a more versatile and qualified workforce, healthier lifestyles and greater economic mobility to name a few. Access to higher education, however, has become more fleeting, especially for the poor. In 1971, the average cost of tuition for a public 4-year college was $428 ($2,499 adjusted for inflation) per year. By 2015 tuition had risen to $9,420 per year, an increase of 276 percent when adjusted for inflation.

According to a

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