From Higher Ed Dive: “Wealthy colleges have long faced criticism for catering to high-income students while under-enrolling low-income ones. But recent research from the Brookings Institution shows that wealthy private colleges have indeed made progress in enrolling low-income students at higher rates. At private colleges with large endowments, the share of students who are receiving federal Pell Grants rose from around 12% in the 2007-08 academic year to above 16.8% in 2022-23. Some of that is likely due to greater outreach and intention from colleges, said Phillip Levine, a senior economics fellow at Brookings and author of the analysis.”
