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More Students Subsidize Classmates' Tuition Posted: 09 Jan 2014 07:32 PM PST Well-off students at private schools have long subsidized poorer classmates. But as states grapple with the rising cost of higher education, middle-income students at public colleges in a dozen states now pay a growing share of their tuition to aid those lower on the economic ladder. But in eight years they have climbed 174% in real dollars at a dozen flagship state universities surveyed by The Wall Street Journal. During the 2012-13 academic year, students at these schools transferred $512,401,435 to less well-off classmates, up from $186,960,962, in inflation-adjusted figures, in the 2005-06 school year. Darren Hauck for The Wall Street Journal Maria Giannopoulos, a 20-year-old junior at the University of Wisconsin, Madison, relies on the tuition help. |
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