Finance & Economy

Rethinking Big Dreams

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As you know, this summer we've turned our attention to issues in education — from the highly debated success of charter schools to today's conversation exploring why graduation drop out rates among Latinas are disturbingly high.

The latter discussion stems from a recent report, which indicates that 41 percent of Hispanic female students do not complete high school "on time" with a standard diploma (pdf), part of which is attributed to Latinas having the highest teen pregnancy rates of "of any racial or ethnic group."

But while issues of poverty and socioeconomic standing are among the long list of variables said to influence these statistics, Latinas are hardly alone in watching the distance that lies between money saved and a dream deferred deepen with the times.

Tomorrow, we focus on more news that prospective college students in the U.S. — across the board — are rethinking their high hopes of a college education in this economy. Why? The thought of student loan debt (I can so relate), shrinking financial aid packages and a shaky job market have some opting to pass on a four-year degree and cast their nets elsewhere, such as, say, community college or trade school.

Can you relate? Have you decided to "skip" college because it's too expensive? Are you afraid of getting into debt with student loans in a tough economy? If so, drop us a line and tell us your story.

Meet you back here tomorrow.

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