“Wealthy Colleges Under Pressure To Use Endowments For Financial Aid,” Feb. 3, 2008
This article speaks to very important and current financial aid issues for low-income students. These students apply to higher educational institutions hoping to escape the economic and social conditions imposed upon them as a result of historical misfortunes—oppression, depressed cities, loss of jobs, underfunded and “socially polluted” educational systems, crime and other ills affecting life in distressed urban areas. These conditions are not caused by the residents, but by government and big business decisions, yet, residents are penalized. Enrolling in higher education is an attempt to escape the urban blithe, yet they enter higher education institutions and are further burdened with academic, social and financial adjustments—circumstances that their counterparts have not experienced and are, therefore, not hampered by these social and psychological burdens. Being forced to take bank loans and work part-time jobs on and off campus pushes these students into further hardship.
—Celia Younger
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