A new report out this month found that affluent students are given more financial assistance than their lower-income peers. It’s a trend called “gapping,” where low-income students are given a financial aid package that does not come close to meeting their needs. The report was authored by Stephen Burd, a senior policy analyst with the New America
Report: Colleges Sneakily Use Financial Aid To Attract Wealthier Students At Expense Of Poor
According to the report, private colleges use “merit”-based aid to attract wealthier students instead of improving access to the poor.