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Financial Aid in the News

Wealthy Colleges Show Drop In Enrollments Of Needy Students (The Chronicle of Higher Education)

"Elite colleges have made headlines in recent years with financial-aid plans aimed at enrolling more low-income students. But despite those efforts, the proportion of financially needy undergraduates at the nation's wealthiest colleges and universities actually dropped between the 2004-5 and 2006-7 academic years," The Chronicle of Higher Education reports. "These declines come even as some 40 public and private institutions, most of which were included in The Chronicle's analysis, have made efforts to expand financial aid for low-income students and to more actively recruit them. Skeptics, however, have questioned whether revamping student-aid policy is enough to alter the composition of the student bodies at elite colleges. And advocates for low-income students point out that the country's changing demographics mean the financial need of college students is only growing."

You can read the complete April 24, 2008 The Chronicle of Higher Education article on-line. A paid subscription may be required.

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