Cost-of-Living Adjustment Could Increase Aid to Students From Pricey Metro Areas

Adding a cost-of-living adjustment to the federal formula used to determine families' financial need could increase aid to students from high-cost cities like New York and San Francisco, but decrease it to students from less expensive parts of the country, according to a report released today by the Government Accountability Office.

The report, which was requested by Congress, looked at three options for accounting for

Print Subscription

Digital Subscription

Already have an account? Log In Now.