League for Innovation in the Community College January 2019 | Page 31

ENGES G E ST U D E N TS FAC E 22% of full-time students work full time 40% of full-time students work part time THE MAJORITY DON’T ATTEND FULL TIME 62% of community college students attend part time 3 Full-time students are more likely to graduate 4 THEY JUGGLE WORK AND SCHOOL 5 41% of part- time students work full time 32% of part- time students work part time THEY WORRY ABOUT PAYING FOR COLLEGE Nearly one in five community college students is so worried about finances they’ve considered dropping out 10 2x Community college students are less likely to borrow and borrow less on average, yet are more likely to default on federal loans than students at other institutions 11 Community college students are nearly twice as likely to use financial aid for books as students at four-year private or public schools 58% receive aid, 38% receive federal grants, and 19% receive federal loans 12 73% 32% of all college students say they’ve neglected their studies at least sometimes because of the money they owe 13 30% of college students use financial aid money to buy required books 14 The cost of a textbook has increased by 73% since 2006—more than four times the rate of inflation Visit www.league.org/node/18888 for the reference list. Compiled by CampusLogic. WINTER/SPRING 2019 31