More HBCU, MSI Students Have to Choose: College or Basic Needs?

A recent survey by Ellucian indicates that a growing number of students, particularly those attending Historically Black Colleges and Universities (HBCUs) and Minority Serving Institutions (MSIs), are compelled to choose between pursuing their education and meeting their basic needs. The survey also highlights that over half of all college students work full-time, with many reporting that financial pressures negatively impact their mental health.

Why it matters

The financial strain experienced by students, particularly those from underrepresented institutions, can impact academic performance, retention rates, and overall student well-being. Addressing these challenges is critical for ensuring equitable access to and completion of higher education, thereby fostering a more diverse and skilled future workforce.

Key insights

• A significant number of students at HBCUs and MSIs are reportedly facing a dilemma between continuing their education and fulfilling basic life necessities.
• More than 50% of all college students are engaged in full-time employment.
• Financial stress is a reported contributor to mental health challenges among many college students.

Source

Inside Higher Ed — https://www.insidehighered.com/news/diversity/socioeconomics/2026/09/08/choice-between-paying-college-and-basic-needs