The Chronicle of Higher Education

Private-College Presidents Urge a Commitment to Need-Based Aid: A 2009 study by economics professor Amanda L. Griffith found that “the increased use of merit aid is associated with a decrease in enrollment of low-income and minority students. Her study has influenced a new policy arguing for ending the use of the term “merit aid.”

According to the Chronicle of Higher Education’s story, a group of private-college presidents is taking a first step toward publicly opposing the rising use of merit-based financial aid and the decline in need-based aid. The move comes via a draft pledge unveiled at the Council of Independent Colleges’ annual Presidents Institute.¬†The one-page document argues for ending the use of the term “merit aid” on participating colleges’ Web sites and in their admissions literature‚Ķ”

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