The big picture

Miami Dade College has achieved a remarkable 98% debt-free graduation rate.

Why it matters

In an era where student debt is crippling millions, MDC’s model demonstrates how institutions can deliver affordable education without compromising quality.

By the numbers:

• 70% of students come from low-income homes
• Only 1,800 out of 125,000 students took loans last year
• No tuition increase in 12 years

Key strategies:

• Focus on institutional efficiency over tuition hikes
• Early financial literacy education and FAFSA support
• Strategic deployment of scholarships and aid
• Leveraging state programs like Bright Futures

The big picture

College leaders Sue Ellspermann (Ivy Tech) and Justin Lonon (Dallas College) discuss how their institutions are tackling affordability by eliminating textbook costs and putting students first.

Why it matters

Their initiatives have saved students millions while improving academic outcomes and retention rates.

Key takeaways:

• Both institutions eliminated profits from textbook sales
• Early access to materials improved student success rates
• Low-income and underrepresented students saw the biggest gains • Technology and AI will continue driving costs down

The Big Picture

In a candid discussion about higher education’s future, Excelsior University President David Schejbal emphasizes the enduring value of college degrees while highlighting innovative approaches to accessibility and affordability.

Why it matters

As debates around educational credentials intensify, traditional degrees continue to demonstrate strong ROI through higher lifetime earnings and broader societal benefits.

By the numbers:

• College graduates earn significantly more over their lifetime
• Higher employment rates among degree holders
• Better health outcomes and civic engagement
• Generous credit transfer policies and clear learning pathways prevent wasted credits
• Excelsior hasn’t raised tuition in 7 years

The bottom line

While alternative credentials gain traction, traditional degrees remain valuable investments, especially when institutions prioritize affordability and accessibility.