Photo: Berea College | Facebook
At Berea College in Kentucky, students don't pay tuition. Founded in 1855 by an abolitionist minister, it was the first interracial and coeducational college in the South. No student has paid to attend since 1892, thanks to an endowment created more than 100 years ago that has, over time, grown to exceed $1 billion. Interest covers 74% of annual costs, with another 18% coming from state and federal aid. While the college still requires an additional $5 million each year, it has many generous donors - more than 14,300 alumni and supporters in 2021. Berea is part of a small cohort of federally recognized work colleges, meaning all students are employed on campus. Earning a small salary that typically goes toward housing and living expenses, they work 10-15 hours a week.
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