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

TR Number

Date

2011-06-01

Journal Title

Journal ISSN

Volume Title

Publisher

The Education Trust

Abstract

In this report, The Education Trust demonstrates how much low-income students must stretch to pay for college, even after all sources of grant aid are taken into account. The report finds that just five of nearly 1,200 four-year colleges and universities have student bodies that are at least 30 percent low-income and offer low-income students a reasonable chance at a bachelor’s degree at a relatively affordable cost. A sixth institution, Berea College, makes it its mission to educate and graduate low-income students and therefore charges no tuition.

Description

Keywords

low-income students, college costs, financial barriers, student financial aid

Citation