Home » Financial Aid, News, Scholarships, Student Loans

Taxpayer-Funded Aid Program Benefits Richer Students

1 January 2014 5 views No Comment

“[M]uch of the more than $1 billion a year in federal taxpayer-funded work-study money is going to the children of better-off families at expensive private universities, and not their lower-income counterparts, under a 50-year-old formula those pricey universities are unlikely to willingly relinquish,” according to The Hechinger Report.

Financial Aid News is sponsored in part by:

Leave a Reply

You must be logged in to post a comment.