Maryland Students ‘Crowdfund’ Tuition

The Baltimore Sun: “Thousands of students … have increasingly taken advantage of crowdsourcing platforms to help them cope with steady increases in tuition and fees in Maryland and across the country … The number of education-related campaigns has increased each year since GoFundMe launched in 2010, said spokeswoman Heidi Hagberg. She said that more than $70 million a year has been raised on the platform for educational initiatives, with more than 100,000 annual fundraisers for causes ranging from teachers’ back-to-school drives to students’ college tuition.”

“GoFundMe hosted twice as many campaigns in 2017 as in the previous year related to college tuition in Maryland, Hagberg said in an email. And according to GoFundMe data from the 2016-2017 academic year, the most recent available, about $1.5 million was raised for Marylanders’ educational purposes in roughly 3,200 campaigns.”

“John Quelch, dean of the University of Miami business school and an expert in consumer behavior, said widespread acknowledgement of the onerous nature of paying for college motivates many students to feel comfortable publicizing their need.”

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