Universities Ramp Up Aid for Wealthy, Leaving Poor Behind
by Noah on Oct 24, 2013 | Views: 122 | Score: 2
| Students in lowest quartile of income | Students in highest quartile of income | |
|---|---|---|
| 1996 | 34 | 16 |
| 2000 | 30 | 19 |
| 2004 | 29 | 19 |
| 2008 | 26 | 22 |
| 2012 | 25 | 23 |
% of University Grants Awarded
Sources:
truth-out.org
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An analysis of new data from the U.S. Department of Education shows that from 1996-2012, public colleges and universities gave a declining portion of grants to students in the lowest quartile of family income. That trend has continued even though the recession hit those in lower income brackets the hardest.