In response, the university has started a program that will pay most of the costs for low- and moderate-income students.
By expanding funding for Pell Grants and the "American Opportunity" tax credit, post-secondary education is now more affordable for millions of low- and moderate-income students.
The Pell Grant program is the nation's vital financial aid program, providing scholarship aid to more than 9 million low and moderate-income students annually.
For example, a school may charge particular types of students (such as low-income or moderate-income students) less tuition in order to help them.
He also helped establish the "American Opportunity" tax credit to alleviate the burden of college tuition for low- and moderate-income students.
I have supported numerous bills in the 110th and 111th Congress that increase financial aid for college students, particularly low- and moderate-income students.
Data indicate that available financial-aid programs are not making public higher education affordable for low- and moderate-income students.
The bill raises the maximum Pell grants for low- and moderate-income students over the next five years, to $5,200 from the current $4,700.
Louisiana also has a scholarship program for some low- and moderate-income students.
Expensive private colleges would become plausible alternatives for moderate-income students, freed from the prospect of crushing debts on graduation.