Latest Data Confirm a College Affordability Gap for Students from Middle- and Lower-Income Families
Fact Book Bulletin
Sixty-three percent of undergraduates at public four-year colleges and universities in the United States in 2004 did not have enough funds from their Expected Family Contribution and financial aid to cover the costs of college attendance. Even with loans (which add to costs because of interest), 45 percent of these students had a shortfall, or gap.