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Reimherr, Patrick; Harmon, Tim; Strawn, Julie; Choitz, Vickie – Center for Law and Social Policy, Inc. (CLASP), 2013
Over the last three decades, college costs have increased nearly four times faster than median family income. Financial aid has not filled the growing gap, and the share of college costs not covered by financial aid or what the family is expected to contribute has risen sharply. Rising costs and rising debt make college a riskier investment for…
Descriptors: Higher Education, Paying for College, Student Costs, Student Financial Aid