Tag Archives: merit aid

Unequal Distribution

By Don Heller, Gigi Jones, and Abby Miller

The recent dismantling of affirmative action and the COVID pandemic highlighted the barriers preventing underserved, underrepresented students – students of color and those who are low-income and first-generation – from enrolling in college. A college degree is the pathway to social mobility for families trapped in the cycle of poverty. However, the rising costs of college are increasingly out of reach for many students.

Financial aid discussions have centered on simplifying FAFSA and increasing federal Pell Grants – all important – but federal student aid policies are only one funding source for families trying to determine how to pay for college. Further, Pell Grants cover just under one-third of tuition and fees at the average four-year, public college in the nation, leaving families to cover the remaining two-thirds of tuition, along with living expenses, books, and other costs. This leaves, on average, over $15,000 a year for students and families to fund, many of whom lack savings and may be living paycheck to paycheck. Institutions can also do their share to make college more affordable. Continue reading Unequal Distribution