Average cost of an in-state Virginia school: $11,142.
Number of Virginians currently borrowing federal Direct or FFEL loans: 1,058,000.
Total outstanding balance of those loans: $30,118,363,000.
Cost of higher education: Priceless?
The Virginia General Assembly passed measures on Feb. 26 that partially alleviate the deep funding cuts Virginia’s institutions of higher education suffered in fiscal year 2014, as well as allocating pay increases for college faculty, teachers and state employees.
VCU’s newly installed John Patrick Dooley Open Minds Scholarship covers all college expenses for a single VCU course for formerly jailed inmates following their release from the Richmond City Justice Center.
Education is of utmost importance for the future of the United States, but it is also one of the most expensive routes for U.S. citizens to pursue.