• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

Current price of oil as of July 24, 2026

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

Current price of oil as of July 24, 2026
PoliticsColleges and Universities

Elite colleges’ new affirmative action: record numbers of low-income students enrolling

By
Collin Binkley
Collin Binkley
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Collin Binkley
Collin Binkley
and
The Associated Press
The Associated Press
Down Arrow Button Icon
December 11, 2025, 7:29 AM ET
Princeton
Nassau Hall at Princeton University is seen, Oct. 8, 2024, in Princeton, N.J. AP Photo/Ted Shaffrey, File
Add Fortune on Google for similar content.

Some of the country’s most prestigious colleges are enrolling record numbers of low-income students — a growing admissions priority in the absence of affirmative action.

Recommended Video

America’s top campuses remain crowded with wealth, but some universities have accelerated efforts to reach a wider swath of the country, recruiting more in urban and rural areas and offering free tuition for students whose families are not among the highest earners.

The strategy could lead to friction with the federal government. The Trump administration, which has pulled funding from elite colleges over a range of grievances, has suggested it’s illegal to target needier students. College leaders believe they’re on solid legal ground.

At Princeton University, this year’s freshman class has more low-income students than ever. One in four are eligible for federal Pell grants, which are scholarships reserved for students with the most significant financial need. That’s a leap from two decades ago, when fewer than 1 in 10 were eligible.

“The only way to increase socioeconomic diversity is to be intentional about it,” Princeton President Christopher Eisgruber said in a statement. “Socioeconomic diversity will increase if and only if college presidents make it a priority.”

Last year, Princeton set aggressive goals to recruit more low-income students in the wake of the Supreme Court’s ban on affirmative action in higher education. Without the ability to consider race, officials wrote in a campus report, focusing on economic diversity offers “the university’s greatest opportunity to attract diverse talent.”

The country’s most selective colleges still enroll large proportions of students from the wealthiest 1% of American families. Many of those campuses have tried for years to shed reputations of elitism, with only gradual changes in enrollment.

Colleges set records for enrollment of low-income students

Only a small fraction of the nation’s colleges have publicly disclosed their low-income enrollments this year, and national data won’t be released by the federal government until next year. But early numbers show a trend.

At 17 highly selective colleges that have released new data, almost all saw increases in Pell-eligible students between 2023 and this year, according to an Associated Press analysis. Most saw increases in consecutive years, and none saw a significant decrease in aggregate over the two years.

Yale, Duke, Johns Hopkins and the Massachusetts Institute of Technology all have set enrollment records for Pell-eligible students in the past two years.

Part of the uptick owes to a federal expansion that made more students eligible for Pell grants last year. But campus leaders also believe the increases reflect their own efforts.

The numbers in MIT’s freshman class have climbed by 43% over the past two years, and low-income students account for more than a quarter of this year’s class. MIT officials cited its policy providing free tuition for families that earn less than $200,000 a year.

“MIT has always been an engine of opportunity for low-income students, and we are dedicated to ensuring we can make an MIT education accessible for students from every walk of life,” Stu Schmill, MIT’s dean of admissions, said in a statement.

Nationwide, roughly a third of undergraduate students have received Pell grants in recent years.

Two years ago, Amherst College in Massachusetts made tuition free for students in the bottom 80% of U.S. earnings. It also started covering meals and housing for those below the median income, and it stopped prioritizing children of alumni and donors in admissions decisions. Since then, low-income enrollment has risen steadily, reaching 1 in 4 new students this year.

At the same time, the admissions office has stepped up recruiting in overlooked parts of the country, from big cities to small towns.

“When we go out and talk to students, it’s not in the fanciest ZIP codes,” said Matthew McGann, dean of admissions. “It’s in places where we know there’s a lot of talent but not a lot of opportunity.”

Racial diversity does not necessarily follow economic diversity

On many campuses, officials hoped the focus on economic diversity would preserve racial diversity — Black, Hispanic and Indigenous Americans have the country’s highest poverty rates. But even as low-income numbers climb, many elite campuses have seen racial diversity decrease.

Without the emphasis on income, those decreases might have been even steeper, said Richard Kahlenberg, a researcher at the Progressive Policy Institute who advocates for class-based affirmative action. He called the latest Pell figures “a significant step in the right direction.”

“Economic diversity is important in its own right,” he said. “It’s important that America’s leadership class — which disproportionately derives from selective colleges — include people who’ve faced economic hardships in life.”

Swarthmore College saw the most dramatic leap in Pell enrollment, jumping from 17% to 30% last year.

While many campuses were delaying scholarship decisions until the government resolved problems with a new financial aid form, Swarthmore used other data to figure out applicants’ financial need. That allowed Swarthmore to offer scholarships to students while they were still awaiting decisions from other schools.

More financially disadvantaged students ended up enrolling at Swarthmore than officials expected. College leaders also credit their work to reduce campus costs — laundry is free and students get yearly credits for textbooks, for example.

Yet Swarthmore saw its Black enrollment fall to 5% of its freshman class this year, down from 8% the year before.

“In a race neutral environment, those numbers are likely to drop,” Jim Bock, the admissions dean, said in a statement. “Not all minority students are low-income, and not all majority students have significant financial means.”

The approach risks federal scrutiny

In legal memos, the White House has alleged that prioritizing students based on earnings or geography amounts to a “racial proxy” in violation of the Supreme Court’s 2023 decision against affirmative action.

In a June letter, Trump officials accused the University of California-Los Angeles of “race-based admissions in all but name.” It criticized UCLA for considering factors like applicants’ family income, ZIP code and high school profile.

Colleges often weigh that kind of information in admissions decisions. Yet the Trump administration has declared that the Supreme Court decision outlaws a wide range of long-accepted education practices, including scholarships targeting students in underserved areas.

Already, there are signs of an impact.

Earlier this year the College Board — the nonprofit that oversees the SAT — suddenly discontinued an offering that gave admissions offices a wealth of information about applicants, including earnings data from their neighborhoods.

Kahlenberg and others see it as a retreat in the face of government pressure. The College Board offered little explanation, citing changes to federal and state policy around the use of demographic information in admissions.

___

The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content.

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Collin Binkley
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Politics

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Politics

Photo of ballots being counted and sorted
PoliticsElections
Nearly 150,000 California mail ballots rejected in June primary, a record high thanks to late-arriving ballots
By The Associated Press and MIchael R. BloodJuly 24, 2026
16 hours ago
Photo of the nun
North AmericaImmigration
Nun detained by ICE on her way to Mass speaks out for first time: ‘For me, a nun, not to go to Mass…it was very, very heartbreaking’
By The Associated Press, Valerie Gonzalez and Jamie StengleJuly 24, 2026
16 hours ago
Vice President JD Vance sits in on a meeting.
North AmericaJD Vance
The Secret Service is investigating a member of JD Vance’s detail over a suspected news leak
By The Associated PressJuly 24, 2026
16 hours ago
Google logo is displayed on a smartphone in front of the EU Flag.
CybersecurityGoogle
EU strikes Google with $1 billion fine in major crackdown on antitrust regulations even as Trump threatens retaliation
By The Associated Press and Sam McNeilJuly 24, 2026
16 hours ago
A supporter holds a sign for Democratic candidate for Texas governor Gina Hinojosa while she speaks during a rally.
PoliticsData centers
‘There are no rules. It is the wild west of data centers’: Texas Democratic candidates pounce on AI data center projects in Republican strongholds
By The Associated Press and Marc LevyJuly 24, 2026
16 hours ago
An overhead map of the location of Pickaxe Mountain and Iran's Natanz nuclear enrichment facility.
North AmericaDonald Trump
Trump threatens to bomb Iran’s deeply buried Pickaxe Mountain nuclear site: ‘There’s not a thing they can do about it’
By The Associated Press and Jon GambrellJuly 24, 2026
17 hours ago

Most Popular

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
1 day ago
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
2 days ago
Current price of oil as of July 24, 2026
Personal Finance
Current price of oil as of July 24, 2026
By Joseph HostetlerJuly 24, 2026
1 day ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
2 days ago
Current price of silver as of Friday, July 24, 2025
Personal Finance
Current price of silver as of Friday, July 24, 2025
By Joseph HostetlerJuly 24, 2026
1 day ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.