Education Pays 2005, the supplement to last year's report on the benefits of higher education for individuals and society, shows that though college enrollment rates for high school graduates from low-income families are significantly lower than enrollment rates for students from middle- and upper-income families, the enrollment gaps have decreased over time. "Although there are more students from low-income families with college aspirations and more 1st-generation college students, we need to do a better job of seeing these students through to graduation," Caperton said. "To that end, the College Board recently established the Task Force on College Access for Low-Income Students to examine this and other issues."

Education Pays 2005 also documents persistent gaps in graduation rates. Even among students with very high levels of academic achievement, those from families with low socioeconomic status are significantly less likely to enroll in college than their peers from more privileged backgrounds. Moreover, there are large gaps in college completion rates across socioeconomic groups.

"Socioeconomic status and college success cannot be separated from the serious problem of unequal academic opportunity within our schools," Caperton said. "In addition to increasing the affordability of higher education, we need to make sure that students from all backgrounds have equal opportunity to prepare for college. As well, all families should be made aware of the financial aid process and the long-term benefits, both financial and personal, of investing in a college education."

This article is in 3 parts. this is part 3.  1 2 3

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