The cost of a college education continues to rise and, with the possible ex ception of high medical costs, is the greatest source of financial worry for millions of U.S. families. Costs are so high at private colleges, in fact, that students often find it impossible to earn enough to cover them by working at summer and part-time jobs. Paradoxically, though, it is now true that practically no high school graduate of intelligence need forsake a college education solely for lack of funds.
The reason is that the various forms of financial assistance to college students—scholarships, loans, jobs and combinations...