“…turns out that families with incomes of at least $92,000 get more tax breaks for college than families making less than a third of that. Tax breaks simply don’t help the poor the way they do the rich. They often don’t make enough to qualify. And studies show that financial aid for college goes increasingly to wealthier students.
“That doesn’t bother institutions of higher learning. In fact, they’re skewing their dollars towards helping affluent children on purpose. They want to show that they’ve bet on horses that win instead of helping people equally at the starting gate. This way, the gap between the educated haves and have-nots keeps growing.”
Ouch. That’s Beth Shulman, author of “The Betrayal of Work.” Listen to her commentary here >>