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Chart Dec 19, 2013

Highest Educational Attainment of Family Head, by Income Relative to the Federal Poverty Level (FPL)

Nearly one out of two families in the struggling lower-middle class is headed by an adult who has attended college. Among household family heads with income between 100 and 250 percent of the FPL, 48 percent have attended some college, and 14 percent have a bachelor’s degree or higher. In stark contrast to those living at or below 250 percent of the FPL, 77 percent of household family heads above 250 percent of the FPL attended at least some college, and about half have a bachelor’s degree or higher.

Chart Jul 18, 2013

Comprehensive Costs, Net Costs, and Instructional Expenditures per Student

The most competitive colleges cost the least for low-income students while providing the most instructional expenditure per student. The most competitive colleges spend over $25,000 on instructional expenditure for each student yet the average low- income family pays less than $8,000 out of pocket for these schools. At the least selective four year colleges, low-income families pay over $15,000 out of pocket yet their students receive only around $5000 in instructional expenditure.