Is “wealth” a better measure of need than family income? A new study finds that assets like savings, property, and investments are a better indicator of a student's ability to cover college costs than income alone. This reinforces the deep and persistent inequalities in wealth by race and ethnicity that we see throughout higher education. The study also suggests actions and resources that higher ed professionals can provide.
Is “wealth” a better measure of need than family income? A new study finds that assets like savings, property, and investments are a better indicator of a student's ability to cover college costs than income alone. This reinforces the deep and persistent inequalities in wealth by race and ethnicity that we see throughout higher education. The study also suggests actions and resources that higher ed professionals can provide.