Financial Scruples
This story, provided to National Public Radio by Youth Radio, illustrates the challenges some students have when facing colleges. For some young people, college is assumed, expected and anticipated. For them, it’s a place to get away from watchful parents and a time to explore careers and interests. But for others, such as Mayra Jimenez , higher education is an opportunity and a risk not to be taken lightly. On one hand, there’s the chance to make a better life for herself and her family. On the other hand, higher education is expensive, and she fears being forced to leave school for financial reasons, without a degree.
In an uncomfortable contrast, this New York Times story points out that in order to financially assist some students, colleges and universities have to get that money from wealthier applicants whose families can pay the full cost of higher education. As a result, applicants who can pay tuition outright are given closer consideration for admission.
Tags: Financial Aid, Money, Students