Most students from low-income family often don’t apply to nation’s best college even they have top SAT scores. Based on the analysis that conducted by Caroline M. Hoxby of Stanford and Christopher Avery of Harvard, only 34 percent of outstanding high school seniors from the low-income family will choose to attend country’s 238 most selective colleges, compare to outstanding high school seniors from high-income, this number goes up to 78 percent. Most top low-income students tend to stay at known college, because they don’t have any models, and most top colleges have little or no advantage for these low-income students, on average, the tuition fees of top colleges are much higher than local four years or community colleges, even with financial aid, they still have to struggle with tuition fees. Also these local colleges that low-income students attend have fewer resources and lower graduation rates than top colleges, based on new data, the graduation rate of low-income students in top colleges is 89 percent, and only 50 percent of these outstanding low-income students graduated from less selective college.
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