“The US government typically gives the wealthiest private universities, which often serve the smallest percentage of low-income students, significantly more financial aid money than their struggling counterparts with much greater shares of poor students.
Such disparities have been a sore point among universities for years, leftovers from an era when federal money was given to colleges on an individual, almost negotiable basis. Now, for the first time in more than two decades, the nation’s financial aid officers are calling for the imbalances to be wiped away, replaced by a system that steers financial aid toward the universities that poor students actually attend, rather than those with the biggest reputations.”
Skip to content