Report Roundup

Financial Aid

"Out: How the Wrong Financial-Aid Policies Hurt Low-Income Students"

Article Tools
  • PrintPrinter-Friendly
  • EmailEmail Article
  • ReprintReprints
  • CommentsComments

A report by the Education Trust says that financial-aid policies too often benefit affluent students who would go to college anyway, rather than helping those with the greatest financial need. And when it comes to the bottom line of paying for college (after grants and aid), low-income students pay a higher proportion of family income to attend than other students.

The studyRequires Adobe Acrobat Reader finds that the typical low-income student after exhausting all sources of grant aid must come up with more than $11,000 a year to attend a four-year public or private nonprofit college. That is equivalent to nearly 72 percent of students' family income. In contrast, middle-class students must finance the equivalent of 27 percent of family income, and high-income students must pay just 14 percent.

Vol. 30, Issue 35, Page 5

Published in Print: June 15, 2011, as Financial Aid
Related Stories
Notice: We recently upgraded our comments. (Learn more here.) If you are logged in as a subscriber or registered user and already have a Display Name on, you can post comments. If you do not already have a Display Name, please create one here.
Ground Rules for Posting
We encourage lively debate, but please be respectful of others. Profanity and personal attacks are prohibited. By commenting, you are agreeing to abide by our user agreement.
All comments are public.

Back to Top Back to Top

Most Popular Stories