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Private colleges giving more financial aid to wealthy students.

Publication: Phi Delta Kappan
Publication Date: 01-APR-07 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Private colleges giving more financial aid to wealthy students.(CHARTS YOU CAN TRUST)

Article Excerpt
EVERY year, college gets more expensive. But while policy makers focus on Pell grants and student loans, another important form of student financial assistance has received less scrutiny: aid provided directly by individual colleges and universities. Traditionally, these grants were based primarily on students' financial need. But in recent years, many colleges and universities--particularly private institutions--have been giving more aid to their wealthiest undergraduates, students who wouldn't qualify for aid under most need-based formulas....

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