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Trend Truth: High-Cost Education

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FGI Research
FGI Research

84% of students depend on some kind of financial aid. What are the implications for the cost of higher education? What impact will this growing trend of debt have on purchasing habits?

Economy & FinanceBusiness
1 of 18
TrendTruth: High-Cost Education 84% of students now rely on financial aid in some capacity. How does this impact the cost of education?
Financial aid is now commonplace.
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Where does the money come from?
“ From which of the following sources did you receive aid? Check all that apply…”
Who Uses Financial Aid? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Social media is a source of information.
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Effects of student debt linger.
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Coping with Debt ,[object Object],[object Object],[object Object],[object Object]
Other Sources of Aid Work Study 42% qualified and used 18% qualified but did not use 41% did not qualify Grants 62% qualified and used 10% qualified but did not use 31% did not qualify ,[object Object],[object Object],[object Object],[object Object]
Actionable Insights ,[object Object],[object Object],[object Object]
How do we know this?
Survey Methods ,[object Object],[object Object],[object Object],This nationally-representative sample consists of adults aged 18 and up and is balanced to the US population using recent census data. One can say with 95% confidence that the maximum margin of sampling error is ±4 percentage points.
Why FGI ,[object Object],[object Object],[object Object],[object Object],[object Object]
FGI Research: custom panels, research experts, dynamic approach.
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