Despite Surging Endowments, High-Ranking Universities and Colleges Show Disappointing Results in Enrolling Low-Income Students

January 4, 2008
"In recent years, the endowments of the nation’s most prestigious colleges and universities have soared. Many of these institutions are committing substantial funds in efforts to enroll more students from low-income families. Results have been disappointing over the long and short terms. The percentages of low-income students at almost all of the highly selective colleges and universities have declined."