Posts published on April 29, 2015

Finial Aid Bait And Switch: Give It To Freshmen And Then Take It Away

Financial Aid

College ‘bait and switch?’

Higher education institutions typically offer more financial aid to first-year students and their parents as a kind of leveraging, and once the student has been recruited the financial aid declines. However, coupled with rising tuition rates, front-loading leaves many upperclassmen facing the difficult choice of going deep into debt to stay in school, transferring or dropping out. (Hechinger Report, April 20)