A local nonprofit has provided college scholarships to all third graders at an Arizona school. The full-ride scholarships will be awarded to 63 third-grade students at Bernard Black Elementary School, located in Phoenix.
Students must, however, graduate from Bernard Black Elementary School and a Phoenix Union High School District school. According to information published by USA Today, students who receive a scholarship can also attend a college within or outside the state of Arizona.
Many parents will welcome the move to grant third graders a full-ride college scholarship. After all, the cost of going to college in the United States is getting more expensive, per CNBC. "Tuition and fees plus room and board for a four-year private college averaged $50,770 in the 2020-21 school year; at four-year, in-state public colleges, it was $22,180."
It's also worth mentioning that many people who go to college are stuck with thousands of dollars in student loans, which can take decades to pay off. "In one survey with more than 60,000 respondents, it took the average person a little more than 20 years to pay off their student loans," per Forbes. So, as you can imagine, the decision to provide college scholarships to young children in Arizona will be extremely beneficial to their financial future, as they will (probably) not be saddled with thousands of dollars in student debt from tuition fees.
What do you think about Arizona third graders at Bernard Black Elementary School receiving full-ride college scholarships? Leave a comment with your thoughts. And if you think more people should read this article, share it on social media.