Unmet Financial Need Is Rising - Paul Fain, Inside Higher Ed

Unmet financial need, meaning the gap between the cost of college and all student resources that do not need to be repaid, grew by 23 percent between 2012 and 2016, according to an analysis of federal data that the Center for Law and Social Policy (CLASP) released today. Nearly three in four college students in the U.S. experience unmet need. At community colleges, 71 percent of students have some unmet need, with an average amount of $4,920. Unmet need is higher at four-year institutions, the group found, with students of color and low-income students more likely to have it -- at significantly higher amounts. https://www.insidehighered.com/quicktakes/2018/12/11/unmet-financial-need-rising