Saturday, 25 August 2012 18:17

Scholarships are in decline as tuition soars

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College students have it tough these days with ever-increasing tuition bills and record levels of debt. But in recent years, there's been one bright spot for student finances: a deep pot of scholarship money.

There's trouble on the horizon, however. New data shows that the percentage of those winning cash scholarships, typically awarded on the basis of merit, is falling dramatically. The change could have wide-ranging consequences for students, their parents and the schools alike.

MSNBC article

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