FAST FACT: Student Aid Insufficient to Cover Rising Costs
In 2008, families in the lowest income bracket needed to sacrafice 55 percent of their annual income to send their child to a four-year public university. In comparison, a family in the top income bracket spent only 9 percent. As wages continue to stagnate and tuition costs rise, college education has become out of reach for many women and low-income families.
Increasing student aid to fill the gap between rising college costs and decreasing median family income is critical to ensuring that higher education is affordable to low-income students.
To learn more, download our latest fact sheet, Increasing Student Aid--Making Higher Education Accessible to Women and Low-Income Students.