Many of the nation's top public universities are giving millions of dollars in financial aid to students from relatively wealthy families instead of to those who urgently need it, resulting in campuses that are often less diverse than those at elite private schools, a new report says.
From 2003 to 2007, public research universities increased the amount of aid to students whose parents make at least $115,000 a year by 28 percent, to $361.4 million, said the Education Trust, a nonprofit advocacy group.
Those schools routinely award as much in financial aid to students whose parents make more than $80,000 a year as to those whose parents make less than $54,000 a year, according to the report, "Opportunity Adrift."
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