For Most High-Achieving Low-Income Students, the Elite College Would Cost Less. They Never Apply.
Between 25,000 and 35,000 low-income American high schoolers score in the top 10% nationally, but only 34% of the highest scorers from the bottom income quartile end up at a selective college -- even though a selective college's more generous financial aid would often cost them less than the school they actually enroll in instead.
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