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Document Number: 9409

Priced Out: How the Wrong Financial-Aid Policies Hurt Low-Income Students - This study finds that the average low-income family must contribute an amount roughly equivalent to 72 percent of its annual household income each year just to send one child to a four-year college. That’s after all sources of grant aid are taken into account. Meanwhile, middle-class and high-income families contribute amounts equivalent to just 27 percent and 14 percent of their yearly earnings, respectively. (Education Trust, May 2011)...


Related Issues

Postsecondary Affordability

 
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