Monday, June 13, 2011

Report: Low-Income Students "Priced-Out" of College

Report: Low-Income Students "Priced-Out" of College: A new report from the Education Trust suggests that only a handful of colleges are prepared to meet the needs of lower-income students.

The report, 'Priced Out: How the Wrong Financial Aid Policies Hurt Low-Income Students' looks at 1,186 colleges nationwide, which had comparable data on what lower-income students pay for college.

Success was measured in three key areas: colleges must enroll a proportion of low-income students comparable to the national average, low-income students must pay a portion of their family income that is no greater than what is paid by the average middle-income student and students must have a decent chance of graduating - about 50 percent.