These Colleges Expect Poor Families to Pay More Than Half Their Earnings to Cover Costs
Colleges often pride themselves on admitting low-income students, but many of those schools expect the neediest families to cover an outsized portion of the cost of attendance, according to a report released Wednesday by the New America Foundation. Policy analysts at the think tank found that hundreds of schools expect families making $30,000 or less to pay an amount that equals more than half of their annual earnings to send their children to college. Universities leaving students with unmet financial need is nothing new, but the practice known as “gapping” is becoming more prevalent to the detriment of a population of students who can least afford it, the report said.
・ From The Washington Post