Inadequate Grant Aid Hurts Low-Income Students' Chances of Earning Degrees

The net cost to attend a public college, after all grant aid is taken into account, represents an increasing share of income for low- and moderate-income families, the report says. For example, the net price of a four-year public college was 41 percent of a low-income family’s annual income in 1992 and rose to 48 percent by 2007… the report projects that the percentage of low-income students who earn bachelor’s degrees will drop from 38 percent for those who graduated from high school in 1992 to 31 percent of those who graduated in 2004.

Read full article [here].
by Beckie Supiano, The Chronicle of Higher Education.

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