Student debt has plagued both long-term residents and brand-new immigrants graduating from United States colleges and universities with tens of thousands of dollars in debt, if not more, placing significant mental strain on people who thought they were doing the arbitrary “right thing” by attending college.
However, thanks to the FAFSA – the Free Application for Federal Student Aid – and the current 70-odd percent of high school graduates that immediately enroll in colleges throughout the United States, college continually becomes much more expensive, something that literally everyone in the United States is able to afford thanks to nearly unlimited funding, and the value of a college degree continually drops.
In an attempt to combat this issue, the state of Tennessee unleashed a program that effectively allowed gaining college degrees to be free for residents of the Volunteer State called Tennessee Promise.
Tennessee Promise admittedly does sound great, at least on paper. Recently, official research from the state and its colleges has been released regarding the efficacy, effectiveness, and feasibility of the program. Although just one year’s worth of data is floating out and about the World Wide Web, the results look overwhelmingly positive.
This article should make clear that the Tennessee Promise program is for both recent high school graduates and non-traditional students who attend community colleges. Community colleges work closely with the state of Tennessee and typically don’t offer four-year degrees. All students attending college through the Tennessee Promise state program do not have to pay anything outside of fees they incur themselves, like books, parking tickets, etc.
Tennessee Promise pays for up to five semesters and is generally geared towards recent graduates who want to work in technical fields. Statistics indicate that people are about 2.3 percent less likely to drop out, as compared to the most recent class of graduates who didn’t get access to Promise.