Not So Need-Blind

October 29, 2010

WASHINGTON -- Imagine walking into a pricey hotel and telling the desk clerk that you intend to stay the night, but are willing to pay only as much money as you have in your pocket at the moment. That is the prevailing assumption underlying how students and their families pay for expensive, private higher education, a group of admissions and financial aid officers said here Thursday morning at the College Board's annual forum. The model isn't sustainable -- for families or colleges.

Article Source: Inside Higher Ed