Loyola University Chicago

Giving to Loyola

The critical need

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American higher education, an engine of knowledge, prosperity, and wealth, faces several daunting challenges in the years ahead:

  • $89,000,000,000 in government cuts to higher education have been proposed over the next 10 years
  • The cost to educate a student has increased 20 percent over the last nine years
  • In order to reduce student loan debt, Loyola decreased the amount of credit hours needed for graduation from 128 to 120

Despite increasing costs and decreasing government support, a college education is becoming a requirement for the modern workforce:

  • By 2020, 64 percent of all jobs will require some college education
  • In 1970, 74 percent of the middle class was composed of individuals with a high school diploma or less; in 2007, that number was down to 39 percent

Philanthropic support can help alleviate the growing distance between a student’s ambition and the cost to obtain a college degree. Make a gift today.