Financial Aid

Financial Aid Takes a Surprising Shift

Sep 20, 2013
Sal Falko / Flickr

Over the past several years, there’s been a shift in the financial aid industry. According to ProPublica reporter Marian Wang, a growing share of financial aid has been given to the highest income quartile, with less offered to those in the lowest income quartile.

Wang says financial aid has “shifted to being more about the schools needs and their enrollment goals than necessarily meeting the needs of the students.”