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Less Financial Aid Going to Students Who Need It
Financial aid is an important resource for students who want to attend college in the U.S. but don’t have enough money.
Financial aid is offered by banks, the government, and the school a student plans to attend.
But research shows the amount of financial aid colleges and universities provide low-income students has decreased.
The National Center for Education Statistics1, or NCES, collects information about education across the country. Last year the NCES, a part of the Department of Education, reported that more than 41 percent of all full-time2 students attending college for the first time in 2014 received financial aid from their school.
But the NCES report also shows the average amount of institutional aid for low-income students has decreased steadily3 from 1996 to 2012.
The average amount of institutional aid given to the lowest-income students was $2,540 in 1996. The average amount given to the highest-income students was $3,327 in the same year.
That indicates that students with the greatest need received less financial aid than higher-income students.
In 2012, low-income students received an average of $5,300 while high-income students received an average of $7,800. Again, the students with the greatest need received less financial aid than higher-income students.
Ben Miller4 is the Senior Director for Post-Secondary Education at the Center for American Progress, an organization that studies and reports on American society. Miller says the problem goes back earlier than 1996.
He says the problem is colleges want to look better in rankings like the U.S. News and World Report, a media company that creates a list of what it calls “America’s Best Colleges.”
The company bases the list on information like the average standardized5 test results of a school’s students. A college with higher average test results has a better chance of being higher on U.S. News and World Report’s list.
Miller says higher-income students usually have higher test results and grade averages. Schools have begun to use their institutional aid to try to appeal to those types of students.
When schools take students with better academic records and are able to turn other students away, they look more prestigious6, he says.
"The problem is, we haven’t come up with a good way to evaluate colleges on meaningful things. You can’t go out there and find out ‘What’s the college where I’m going to learn the most?’ or ‘What’s the college where I’m going to get the most skills for my money, that’s going to be my best value?’ And so instead we use a lot of things that we think might represent quality and value but really don’t necessarily7."
The College Board lists the average cost of universities in the U.S. They looked at the average cost for residents8 to attend a public four-year institution in their state. They found the cost was $9,410 for the 2015-2016 academic year. The average cost for a private four-year institution was $32,405 for the same year.
The U.S. government spent about $31.5 billion on Pell grants10 in the 2013-2014 academic year. The Pell Grant9 program is the main source of federal11 financial aid. The government has offered Pell grants since 1972.
But Andrew Nichols says that federal financial aid alone is not enough to help low-income students. Nichols is the Director for Higher Education Research and Data Analytics at the Education Trust, an organization that fights for equal access to education for all people.
Nichols helped write a report in 2015 on some of the problems low-income students face. This report said half the students using Pell grants received a bachelor’s degree within six years.
About 65 percent of students who did not use Pell grants received a degree in the same amount of time.
This does not mean that students with more money are smarter, Nichols says. Working more than 15 hours a week can cause students to perform poorly in the classroom.
“So you don’t have enough aid so you need to work. And then when you start working it takes away from your ability to focus on your studies. And then when that happens you could possibly lose your scholarship, which could mean that you have less money. And so it’s kind of a very ugly cycle that some students can get in.”
Nichols adds that a lot of African-American, Latino and first-generation students are often low income as well. These communities are often underserved.
“Oftentimes the best predictor of success is who you’re born to and where you live. And these aren’t things that people earn, these are things that you’re given. And so what we know is in this country, low-income students don’t receive the same quality of education that students from more affluent12 backgrounds ...”
But there is more to the problem than colleges trying to make themselves look good. State governments have decreased funding to their public universities for over 20 years, says Michael Mitchell.
“The vast majority of students go to public universities … which means that states play a huge role in making sure that college is affordable13 across the country. And over the past few years, as states have cut funding, it makes it much more difficult for the vast majority of students to go and afford college.”
Mitchell is a senior policy analyst14 at the Center on Budget and Policy Priorities15. The center is an organization that studies how the government could use its money to reduce poverty.
He wrote a report in May about state funding to public universities. The report shows only four states -- Montana, North Dakota, Wisconsin, and Wyoming – are spending more money per student than before the economic recession16 in 2008.
On average, spending in other states is down 17 percent per student from what is was in 2008.
Words in This Story
income – n. money that is earned from work, investments17 or business
institutional aid – n. money that a college or university gives to a student to help them pay the cost of attending that school
standardized test – n. a test where all test-takers take the same test under the same or reasonably equal conditions
grade – n. a number or letter that indicates how a student performed in a class or on a test
prestigious – adj. respected and admired for being successful or important
evaluate – v. to judge the value or condition of someone or something in a careful and thoughtful18 way
resident(s) – n. someone who lives in a particular place
grant(s) – n. an amount of money that is given to someone by a government or company to be used for a particular purpose
bachelor’s degree – n. a degree that is given to a student by a college or university usually after four years of study
focus – n. a main purpose or interest
scholarship – n. an amount of money that is given by a school or organization to a student to help pay for the student's education
cycle – n. a set of events or actions that happen again and again in the same order
affluent – adj. having a large amount of money and owning many expensive things
funding – n. an amount of money that is used for a special purpose
affordable – adj. easily paid for
1 statistics | |
n.统计,统计数字,统计学 | |
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2 full-time | |
adj.满工作日的或工作周的,全时间的 | |
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3 steadily | |
adv.稳定地;不变地;持续地 | |
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4 miller | |
n.磨坊主 | |
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5 standardized | |
adj.标准化的 | |
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6 prestigious | |
adj.有威望的,有声望的,受尊敬的 | |
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7 necessarily | |
adv.必要地,必需地;必定地,必然地 | |
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8 residents | |
n.居民( resident的名词复数 );(旅馆的)住宿者 | |
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9 grant | |
vt.同意给予,授予,承认;n.拨款;补助款 | |
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10 grants | |
n.(来自私人或公共授予机构的)基金( grant的名词复数 );补助金;授给物(如财产、授地、专有权、补助、拨款等)v.(退一步)承认( grant的第三人称单数 );(尤指正式地或法律上)同意;准许;让渡 | |
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11 federal | |
adj.联盟的;联邦的;(美国)联邦政府的 | |
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12 affluent | |
adj.富裕的,富有的,丰富的,富饶的 | |
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13 affordable | |
adj.支付得起的,不太昂贵的 | |
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14 analyst | |
n.分析家,化验员;心理分析学家 | |
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15 priorities | |
n.先( priority的名词复数 );优先;优先权;优先考虑的事 | |
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16 recession | |
n.(工商业的)衷退(期),萧条(期) | |
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17 investments | |
n.投资( investment的名词复数 );投资额;(时间、精力的)投入;值得买的东西 | |
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18 thoughtful | |
adj.思考的,沉思的,体贴的,关心的 | |
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