Middle income families have begun to complain that they can no longer afford to send their children to private colleges and universities. They attribute this to inadequate financial aid policies, which effectively limit expensive educations to two groups of students: those from upper income families who can readily afford the rising costs, and those from lower income families who qualify for need-based grants -and scholarships. This paper will attempt to determine whether complaints about a middle income squeeze are justified.
"The Middle Income Squeeze,"
Journal of Student Financial Aid: Vol. 8
, Article 5.
Available at: http://publications.nasfaa.org/jsfa/vol8/iss1/5