American financial aid institutions in the country consist of multi-billion dollar organizations.
Despite the great financial resources, we among the young students of America still face problems related to financing, unfortunately, the average statistical American family cannot ensure that they can cope with university fees. The social class American is too rich for financial aid, yet too poor to pay for college.
Solving the problem was left to the state, which led to dissatisfaction with private universities and colleges. Administrators of educational institutions believe that state intervention in their financial affairs will hinder their financial stability.
However, the fact remains that financial aid organizations, despite their wealth, are unable to do their jobs, which is why many students around the world are at risk of dropping out.