Wednesday, April 8, 2009
Student Aid Contributes to Ballooning Tuition, Report Says
"Increased federal student aid, especially to middle-class families, is contributing to the rising cost of higher education, a report by the Center for College Affordability and Productivity says. The report concludes that federally backed loans should be offered to only low-income families, not expanded to help more middle-class families, and that 'the expanded tuition tax credits in the 2009 stimulus bill are probably a step backward.'"
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