Elite colleges need economic diversity
Publication date: May 14, 2015
Posted by Catharine Bond Hill and Harold Levy on May 12, 2015.
The American Dream may end up being more myth than reality, with our rising income inequality and stagnant economic mobility. As many high school seniors are learning about their college acceptances, the difficult financial decisions that families face are a timely reminder of the key role higher education must play in turning this tide.
Absent changes in public policies, colleges and universities must act decisively to help the nation address its socioeconomic challenges because access to education is the foremost path out of poverty. Our nation's most selective institutions of higher education have a particular role to play because at too many of these schools, enrollment of talented lower-income students lags behind the sizeable pool of these promising young people.
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