USC: The Difference-Maker in College Debt

The University of South Carolina will now be able to guarantee four-year scholarships for all qualifying NCAA sports, thanks to the NCAA granting the Power Five conference full autonomy. It’s the first school in the SEC to offer this kind of program and will be a big plus in the recruiting department for the Gamecocks. Let’s take a look inside this new program.

Four-Year Scholarship Commitment
Scholarships provided in NCAA head count sports (football, men’s and women’s basketball, women’s tennis and volleyball) will be to cover cost associated with student athlete’s undergraduate education. These will include tuition, room and board, books and associated fees.
The scholarship even applies to transfer students. The University will provide a full scholarship for the remaining period of time to ensure the student-athletes receive full scholarship for a total four years while enrolled in college, including enrollment prior to transferring to South Carolina and may extend the scholarship for a fifth year.
It can be terminated.
If the athlete voluntarily leaves the team, becomes ineligible, violates University or Athletic Department policies, then a full scholarship can be terminated.

College is expensive, hands down. According to the Wall Street Journal, only about 56 percent of borrowers are making payments. Tuition is only the start. There are books, fees and tools needed for class; the list goes on and doesn’t stop. noted two thirds of students are graduating from American colleges and universities with some level of debt. According to The Institute for College Access and Success (TICAS) Project on Student Debt, the average borrower will graduate $26,600 in debt.

Underemployed and overeducated is the name of the game for many college graduates. The Center for College Affordability and Productivity notes about 48 percent of college graduates are employed by jobs that require less education than a four-year degree.

Not only does the new South Carolina program provide scholarship, but career path guidance. The Gamecock Career Network is a program that provides assistance in employment post-graduation for athletes. In addition, each student-athlete is provided a business suit for job interviews.

“We are excited to announce this comprehensive commitment to our student-athletes to help them achieve the ultimate goal of a college degree,”

said USC president Harris Pastides.
“The forthcoming NCAA governance changes provide the autonomy we need to enhance our ability to support these students in their path toward graduation and success in life after college. I commend Ray Tanner, Fran Person, all of our coaches and our entire athletics department staff for their efforts to formalize South Carolina’s dedication to the overall well-being of our student-athletes.”

For a more in-depth look visit the University’s official site here..

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