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Study: College financial aid shifting toward the affluent

from Chicago Tribune

Are you getting gouged on college? If you come from a relatively low-income family, there's a strong chance you are. In fact, you may be subsidizing the education of a student from an affluent family. Why? Because many colleges, with limited pots of financial aid money, are cutting off the students that need the most help paying for college. Instead, colleges increasingly are using financial aid money to lure more affluent students. more


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