SEATTLE (AP) — The people who distribute financial aid to college students in Washington state want to make sure parents know there will always be money to help low income students pay their tuition. The same can’t be said for the middle class.
Despite the financial pressures of the recession and state budget cuts, more students got help paying for college during the past two school years than ever before. The problem is: even more students were looking for help.
This year, as families wait to hear how much tuition is going up in the fall, financial panic may be outpacing excitement for some families.
Since most state and federal financial aid is distributed based on income, middle class students are the ones feeling the most pain right now.