CFED, KIPP and UNCF Launch Partnership for College Completion
Three
leading education and asset-building nonprofits – KIPP (Knowledge is Power Program), UNCF (United Negro College Fund) and CFED (Corporation for Enterprise Development) – have teamed
up to launch the Partnership for College Completion (PCC). PCC is the first
college completion initiative to combine several key elements into one
comprehensive program: incentivized savings accounts, financial and
college-readiness education, and scholarship assistance.
Anchored
by an initial $7.5 million grant from Citi and the Citi Foundation, PCC aims to
address a growing and urgent problem in American education. In the U.S. today,
only 8 percent of students from low-income communities have completed college
by their mid-20s. While America is first in the world in the percentage of
adults age 55 to 65 with a two- or four-year degree, our ranking drops to
eighth among 25- to 34-year-olds. Wach students and parents talk about the power of PCC, and click below to check out the all-new site.
