As tuition discounts skyrocket, college aid is not equitably distributed

The bottom line on college tuition is that there is no bottom line.

At most four-year institutions, admitted students are quoted all sorts of different prices. Often masquerading as “merit aid” or “scholarships,” the discounts are aimed at persuading students to attend, much like online retailers dangle coupons to persuade you to purchase the items in your shopping cart.

Asian and white students were more likely to receive tuition discounts or be awarded larger amounts. At private non-profit four-year institutions, 62 percent of Asian, 59 percent of white, 53 percent of Hispanic and 51 percent of Black students received institutional aid.

Read more from The Hechinger Report.

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