Colleges Soak Poor Students to Funnel Aid to Rich

From Bloomberg.com:

U.S. colleges such as Boston University are using financial aid to lure rich students while shortchanging the poor, forcing those most in need to take on heavy debt, a report found.

Almost two-thirds of private institutions require students from families making $30,000 or less annually to pay more than $15,000 a year, according to the report released today by the Washington-based New America Foundation.

Read the full article here.

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This entry was posted in Newsworthy Research and Trends Articles, Scholarships and Financial Aid. Bookmark the permalink.

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