Friday, November 25, 2011

Hechinger Report | Financial aid not always going to neediest college students

Hechinger Report | Financial aid not always going to neediest college students:

Financial aid not always going to neediest college students

Chris Ogren, 20, a junior studying acting and American sign language at New York University, stands outside a student building after a meeting with the financial aid office. (Photo by Nick Pandolfo)

Chris Ogren stands in a frustrated hunch at a window of New York University’s financial aid office, where he’s come for the fifth time in two days to sort out a problem with his $45,000 worth of student loans.

It gives him little comfort to learn that U.S. universities and colleges are handing $5.3 billion in financial aid this year to students who the government says don’t need it, according to new figures from the College Board, while