Mississippi gives financial aid to students who can already afford college, report shows Read more
Mississippi continued to disproportionately subsidize in-state tuition for white, wealthier students at the expense of working class students of color last school year, according to the annual report released Thursday by the Post-Secondary Education Financial Assistance Board.
Last year, Mississippi continued to spend almost half of its limited financial aid budget on programs that mainly benefit students whose families can already afford to pay for college, according to the report.
Of the 24,797 students who received state aid last school year, 20% were from poor families that make less than $30,000 a year. Nearly 50% of recipients came from families with an annual income greater than $75,000. In Mississippi, the median household income is $45,000.
Broken down by race, the gap is starker. Seventy percent of students who received state aid were white while 20% were Black. Those percentages are nearly identical to OSFA’s report last year.
Read more at: https://www.sunherald.com/news/local/education/article257333632.html
(Gulfport Sun Herald)