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    Back to To the Point

    To the Point

    Student Aid and College Failure

    As the gap grows between the rich and the poor in America's evolving economy, financial aid for college is supposed to be a great equalizer, but it's not working out that way. While 70 percent of wealthiest students graduate, just 26 percent of the poorest make it, even with $226 billion in aid for the academically qualified.

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    By Warren Olney • May 12, 2014 • 1 min read

    As the gap grows between the rich and the poor in America's evolving economy, financial aid for college is supposed to be a great equalizer, but it's not working out that way. While 70 percent of wealthiest students graduate, just 26 percent of the poorest make it, even with $226 billion in aid for the academically qualified. Dropouts are left with tens of thousands of dollars in student-loan debt, but without diplomas to get good jobs to help pay it off. Is it time to reform student aid so it helps improve future prospects instead of making them worse?

    The full episode

    2 of 3
    Why Do So Many College Students Fail to Graduate?
    1. 0:00New Paul Ryan Budget Outlines a Familiar Vision
    2. 8:03Student Aid and College FailureYou’re reading this
    3. 44:33Whole Foods to Label Genetically Modified Products
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Evan George

      Director of Content, News

    • KCRW placeholder

      Kerry Cavanaugh

      editorial writer at the Los Angeles Times

    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Gideon Brower

      Independent Producer

    • KCRW placeholder

      Jason DeParle

      New York Times

    • KCRW placeholder

      David Longanecker

      Western Interstate Commission for Higher Education

    • KCRW placeholder

      Barmak Nassirian

      independent policy analyst

      NewsNationalPolitics

    The full episode

    2 of 3
    Why Do So Many College Students Fail to Graduate?
    1. 0:00New Paul Ryan Budget Outlines a Familiar Vision
    2. 8:03Student Aid and College FailureYou’re reading this
    3. 44:33Whole Foods to Label Genetically Modified Products
    Back to To the Point