As Price Of College Rises, So Does Federal Student Support

With college costs continuing to rise, new federal data show that 71% of all undergraduate students received some type of financial aid in 2011-12, up from 66% four years earlier. Forty-two percent of students received federal grants, up from 28%, and 40% received federal loans, up from 35%. Meanwhile, 15% received state grants and 20% received a grant from their college — figures that have remained flat since 2007-08. (Boston Globe, 08/19/13)