Report: Money is biggest reason accepted students don't attend college

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By: Ivanhoe Newswire
September 19, 2018

PITTSBURGH, Pa. (Ivanhoe Newswire) -- An estimated 20 million students are back on college campuses, but new research shows that a significant percentage of high school seniors who are accepted to college never show up in the fall.

In high school, 18-year-old Sydney Klabnik played varsity soccer, was active in clubs and graduated tenth in her class of 215. The hard work paid off. Last year she was accepted to her dream college, William and Mary, and even put down a deposit.

Klabnik told Ivanhoe, “It turns out, the financial aid I received, I’m not being dramatic. It was preposterous.”

Lindsay Page, EdD, of the University of Pittsburgh, studies college access and success. She and her colleagues studied samples of 6,410 young adults and found ten percent of high school seniors from wealthy families and 15 percent from low-income households never made it to college as planned. The biggest reason is money.

“Students may receive their student aid package and may first struggle to understand what the package is made up of, and second realize that they may have unmet financial need,” explained Page.

Social scientists say parents, especially those who did not attend college themselves, should be aware of “summer melt”. Apply early for financial aid. You can start in October of the year before you plan to enroll.

Klabnik attended community college for one year on a full scholarship. She’s now at Swarthmore College in Pennsylvania as a sophomore.

“I realized that I was a lot better off than I would have been than if I went to a school that would have completely wiped out my bank account,” said Klabnik.

Professor Page said parents can identify places to get college prep help over the summer. Finally, help your student double check that all paperwork is completed correctly. Mistakes can slow financial aid awards.

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