Low-Income Students Unaware of Aid Options, Report Says

Many low-income students who could benefit from higher education don't apply to college because they don't know they could get financial assistance or they are intimidated by the process, says a new report, "Promoting Economic Mobility by Increasing Postsecondary Education," released Tuesday by the Pew Charitable Trusts. The report argues that simplifying the aid application process is crucial if more disadvantaged students are ever to have a shot at college.