1 Financial Challenges of Higher Education
Learning Objectives
- Understand the financial challenges of higher education & the impact on students
Many students struggle to make ends meet. A national survey conducted in 2020 revealed that first-generation college students, like UTSA Roadrunners, are more likely than continuing generation students to face financial difficulties during the pandemic, including lost wages from family members, lost wages from employment, and increased living and technology expenses.
“Well, I’m one of those students that relies on scholarships and grants to go to school. I can’t afford to take out a loan to pay back. So, for me, someone that really has to pinch pennies here..it’s big. It makes a big difference. And sometimes the difference between $60 and a free textbook..that can really make or break you.” -Jose Escobedo, 2021 UTSA Student Body President President
Cost of Higher Education
OER Reduce Costs & Remove Barriers
OER are free textbooks that are in the public domain or Creative Commons licensed for free reuse, modification, and sharing.” OpenStax and Open Textbook Library are examples. OER better support UTSA students because they are: free, available on Class Day One, and continuously accessible.
“In just one semester, Math Matters students saved half a million dollars. “We wanted the textbook to be a real resource for our students, but we still wanted to have our independence to do what we knew was right for our students, and our population and our courses. And that’s why OER was a no-brainer for us.” – Jonathan Brucks, Course Coordinator & Senior Instructor for Math Matters
Key Takeaways
Additional Readings
- Advisory Committee on Student Financial Aid Assistance. (2006). “Mortgaging our future: How financial barriers to college undercut Americans’ global competitiveness.”
- College and University Food Bank Alliance. (2021). “About Us.”
- UTSA Roadrunner Pantry. (2021). “About.”
- United Nations. (2021). “Universal Declaration of Human Rights: Article 26.”
Media Attributions
- Jose Escobedo
- Jonathan Brucks