Montana Promise Act: Because all Montanans deserve education beyond high school
This petition made change with 127 supporters!
The Montana Promise Act will help alleviate the cost of tuition and fees at our community colleges, tribal colleges, and 2-year institutions in the Montana University System.
Are 2-year college degrees really that expensive? Yes. Costs of living continually rise, especially for housing. Typical living costs for a full-time student is roughly $12,000 on the low end, and over $17,000 in the middle. This means that a lot of high school graduates are wondering whether a college education is really worth the decades of student loan payments that will follow. After crunching the numbers, a higher paying job that requires a college degree doesn’t make much financial sense when student loan payments will end up taking half of a take-home paycheck.
The problems of student loan debt cannot be overstated. Americans owe nearly 1.3 trillion in student loan debt. This means that millennials are not buying homes or cars or making other discretionary purchases in our local economies. This is also why nearly 40% of young Americans live with their parents or other family members---which is a 75-year high. We cannot allow student loan debt to continue to cripple our economies, and we should not allow the federal government to keep profiting off of hardworking Montanans who have to rely on student loans to fund their education.
Under the Promise Act qualifying students with documented financial need and good grades would be eligible to receive the greater of tuition after aid and waivers or $75 per credit.
The Promise Act, HB 185 was approved in the Montana House of Representatives with bipartisan support, and must now be considered by the Senate before going to Governor Bullock's desk. Please let them know how important this bill is for Montana and it's economy.
Read the bill here: http://leg.mt.gov/bills/2017/billhtml/HB0185.htm
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