INVESTING IN OUR BROTHERS OF TOMORROW
Decreasing the Financial Burden of Being a Phi
RISING COSTS ON COLLEGE CAMPUSES
Nationally, rising costs of tuition, housing, textbooks, and other college-related
expenses, including fraternity and sorority membership and housing, have put stress
on today's college students.
Tuition at the University of Missouri
Because our fraternity is an extracurricular organization that needs membership dues and housing fees to fund operations, increasing costs
are hitting our members hard. It is heartbreaking to see men who could be great members decline bids because of financial reasons.
GROWING COLLEGE DEBT
The average debt for bachelor's degree recipients at public and private nonprofit colleges
has increased steadily over time.
Percent of graduates from Mizzou with debt
The average debt of Mizzou graduates
52%
$28,003
The Institute for College Access & Success
Obtained from https://college-insight.org/spotlight/university-of-missouricolumbia/2911178396,
based on 2019 graduates.
INCREASING HIGHER EDUCATION
AND HOUSING COSTS
Living in a fraternity house at Mizzou is central to the experience. We want to keep our
space competitive with other on-campus options, but we don't want the cost of living in the
house to be a barrier to membership in Phi Delt. We want to mitigate increasing costs or
burden on the collegiate chapter through establishing a housing reserve fund that provides
the necessary support and sustainability for the beautiful home that our alumni helped build.
ACADEMIC YEAR IN-STATE OUT-OF-STATE
20-21 $10,572.80 $29,004.80
19-20 $10,326.66 $28,347.66
18-19 $9,879.06 $27,042.06
17-18 $9,518.22 $25,892.22
16-17 $9,509.22 $25,166.22
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s the national office of Phi Delta Theta invests in the men of
our fraternity through their programs, we too must give back
to the men within our own chapter. As Sean Wagner, CEO of Phi
Delta Theta, shared, "Our goal is to truly make good men great
as we guide our young Phis to become men of character on
their way to a purposeful life." We know there are many obstacles
facing college students today—finances being one of them.
What We Are Seeing
The Department of Higher Education & Workforce Development.
Obtained from https://dhewd.mo.gov/data/tuitionandfees.php,
based on full-time students with 30 credit hours.
PROUD 150 PAGE 2
