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College Students Face Major Financial Challenges<br />

percent of them working full-time. 3 However, this employment usually<br />

doesn’t provide enough income to allow students to support themselves.<br />

Only 18 percent of students report being able to cover their college<br />

expenses by working a job. Instead, 41 percent depend on financial aid<br />

to cover their college expenses and 16 percent utilize scholarships. 4<br />

The result is that a surprising number of students live at or near the<br />

poverty level. The national poverty rate in 2011 was 15.2 percent, but for<br />

students who were not living with relatives or on campus the poverty<br />

rate was nearly 52 percent. 5<br />

One common consequence of poverty is food insecurity – the lack of<br />

reliable access to sufficient quantities of affordable, nutritious food.<br />

3 Jessica Davis, U.S. Census Bureau, “School Enrollment and Work Status: 2011,” October 2012,<br />

http://www.census.gov/prod/2013pubs/acsbr11-14.pdf.<br />

4 Citigroup, “New Citi/Seventeen Survey: College Students Take Control of Their Financial<br />

Futures,” August 7, 2013, http://www.citigroup.com/citi/news/2013/130807a.htm.<br />

5 Alemayehu Bishaw, U.S. Census Bureau, “Examining the Effect of Off-Campus College Students<br />

on Poverty Rates,” May 1, 2013, http://bit.ly/2dtoOxG<br />

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