The H.I.R.E. vs. Higher Initiative
Ending the threat of student debt.
The H.I.R.E. versus Higher Initiative is The Prosp(a)rity Project’s answer to the frequently asked question: how do we resolve the higher education debt crisis at its root? As we’ve seen in recent decades, this problem—which began as a sustainable, well-intentioned means for helping lower-income college students afford the cost of obtaining higher education—has ballooned into a nearly $2T behemoth and shows no signs of slowing down. In fact, it is on track to hit at least $3T by 2042.
As the “interception” pillar to our Three "I"s framework for closing the racial and gender wealth gap once and for all, HvH seeks to educate high-school- and college-age young people, their teachers, and their parents before they begin accruing student debt. While the program's youth advance further into their personal odysseys of pursuing higher education, a career, and financial independence, HvH will foster honest dialogue around the realities of the student debt crisis and the ways they can ensure they are protected from its effects.
"We need to stop just pulling people out of the river. We need to go upstream and find out why they’re falling in."