A Zero Debt Future at Tufts University
Tufts President Monaco and the Tufts University Board of Trustees
The Problem
As students, parents, alumni, and faculty of Tufts University we believe the decision by the Board of Trustees and President Monaco to participate in the broken higher education funding system is exploitative and unconscionable. Our voices should not be absent in a system and in a decision making process which directly impacts our daily lives as well as our futures.
As college tuition skyrockets nationwide, students are now borrowing twice as much money to pay for college than they did in 2000. Boards of trustees and college presidents across the country believe they can further pile tuition, fees, housing, loans, and debt on the backs of their students without any repercussions - it’s unsustainable. Eventually students and parents will be crushed by this system!
Our Solution
Student debt is a national crisis – but it does not have to be. At Tufts University, our endowment sat at $1.9 billion at the end of fiscal year 2018. Every year, in total Tufts University receives millions of dollars in student and parent federal loans. By leveraging a small percent of our endowment, Tufts could replace federal loans with grants and offer Zero Debt degrees to all undergraduate students.
Every voice we add makes our call louder! Please add your name to ask Tufts University’s Board of Trustees and President Monaco to sit down with our advocates and discuss the possibilities of embracing a Zero Debt future.
Sponsored by
To:
Tufts President Monaco and the Tufts University Board of Trustees
From:
[Your Name]
The Problem
As students, parents, alumni, and faculty of Tufts University we believe the decision by the Board of Trustees and President Monaco to participate in the broken higher education funding system is exploitative and unconscionable. Our voices should not be absent in a system and in a decision making process which directly impacts our daily lives as well as our futures.
As college tuition skyrockets nationwide, students are now borrowing twice as much money to pay for college than they did in 2000. Boards of trustees and college presidents across the country believe they can further pile tuition, fees, housing, loans, and debt on the backs of their students without any repercussions - it’s unsustainable. Eventually students and parents will be crushed by this system!
Our Solution
Student debt is a national crisis – but it does not have to be. At Tufts University, our endowment sat at $1.9 billion at the end of fiscal year 2018. Every year, in total Tufts University receives millions of dollars in student and parent federal loans. By leveraging a small percent of our endowment, Tufts could replace federal loans with grants and offer Zero Debt degrees to all undergraduate students.
We call upon you, the Tufts University Board of Trustees and President Monaco of Tufts Univeristy, to engage in open dialogue with concerned representatives of the Tufts community and ultimately, embrace a Zero Debt future.