Recently, the Hamilton Project at the Brookings Institution issued a report addressing the problematic under-matching of low-income students to the most selective colleges in America. This means capable and deserving students are deprived of often less expensive and remarkable educational opportunities. Early data also reflect that low-income students who do enroll in the most selective institutions progress more effectively through the higher educational institution they select.
The solution suggested by this research is straightforward enough: provide greater informational outreach about elite colleges, the admissions process and financial aid to these students. The increased information will likely result in both higher enrollment at and graduation from America's elite institutions by low-income students and could be achieved at the relatively reasonable cost of $6 per student.