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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
Hauptman, Arthur M.; Merisotis, Jamie P. – 1989
More than $25 billion in financial aid in 1988 is awarded annually to students attending postsecondary education. The aid covers about the same percentage of college costs that it did in 1970, but the impact of veterans' education benefits and social security benefits is no longer significant, and loans now make up one-half the total aid, having…
Descriptors: Access to Education, Economically Disadvantaged, Eligibility, Financial Services