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Wealthy high schoolers are upping their application game to 25 colleges this year. It's setting up a big payday for schools while leaving lower-income students behind.

Wealthy high schoolers are upping their application game to 25 colleges this year. It's setting up a big payday for schools while leaving lower-income students behind.
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College applications spiked 22% from pre-pandemic levels, with more high schoolers applying to more schools.




But only 5% of those applications are coming from students in the lowest-income areas.




This comes down to application fees and rising costs of attaining a higher education.


There's a sign of a return normalcy in the higher education sphere as more high school seniors are applying to colleges than pre-pandemic. This is good news for universities, but not so good for those who can't keep up with the rising costs of education.When COVID-19 first hit college campuses last year, college applications declined due to affordability concerns and issues with remote learning, among other things. But according to the most recent data from the Common App, that trend is reversing and the number of college applications has spiked 22% from pre-pandemic levels. Not only has the number of high school seniors taking a shot at a higher education gone up 13%, but each person is applying to more schools than before.A Christopher Rim, founder and CEO of Command Education in New York, told CNBC that while students were applying to 12 to 15 colleges pre-pandemic, now that range has jumped to 20 to 25 schools.A The news isn't so great for low-income students. According to the Common App, 60% of those applications are from the "most affluent" communities a?? or the top 20th percentile a?? of zip codes nationwide, while applications from the lowest-income areas made up just 5% of the pool, unchanged from previous years.
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