The Chronicle: Wealthy Colleges Show Drop in Enrollments of Needy Students
Elite colleges have made headlines in recent years with financial-aid plans aimed at enrolling more low-income students. But despite those efforts, the proportion of financially needy undergraduates at the nation’s wealthiest colleges and universities actually dropped between the 2004-5 and 2006-7 academic years, according to a Chronicle analysis of federal Pell Grant data.
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