Elite IHEs Providing More Aid To Middle-Income Families

Some of the nation's most elite colleges, trying to ward off perceptions that they've become unaffordable to even high-income families, are bolstering their financial aid packages by offering grants to students whose parents earn as much as $180,000 a year. IHEs are increasingly reaching out to families caught in the middle: those who are too wealthy to be eligible for federal grants, but not so wealthy as to be able to absorb the $50,000 a year for college, particularly with the rising costs of home ownership. Read more at:
http://www.boston.com/news/education/higher/articles/2007/09/27/at_elite_colleges_new_aid_for_the_middle/