In 1981, grants were 55% of all financial aid. In 1998 they were just 39%. In 1981, loans were 42% of all financial aid In 1998 they had increased to 59%.
| Grants vs. Loans |
The Shift from Grants to Loans
In 1981, grants were 55% of all financial aid. In 1998 they were just 39%.
In 1981, loans were 42% of all financial aid In 1998 they had increased
to 59%.