Shrinking Financial Aid and College Admissions
Finding a way to pay for college is becoming harder at a time when earning a degree is essential to finding a good-paying job. Lower- and middle-class families are especially feeling the squeeze. The purchasing power of Pell grants is down and subsidies for student loans are being cut. Faced with decreased state funding and the pressure to raise their profiles, colleges are fundamentally changing their admissions processes. More enrollment officers say they are seeking out students who can foot the whole bill – some of whom have lower scores than needier applicants. Guest host, Steve Roberts and his guests discuss the implications of shrinking financial aid and college admissions.
president of Collegiate Directions Inc.; principal of Marks Education.
senior writer for "Money" magazine.
CEO of Business Higher Education Forum
president of U. S. Student Association. He is a recent graduate of the University of California, Santa Cruz.