Families are tapping more scholarships and grants to pay for college

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Families spent less out-of-pocket for college in academic year 2015-16 compared to last year, as they took advantage of more scholarships and grants to foot the bill, according to “How America Pays for College 2016,” the national study from Sallie Mae, the country’s largest private student lender, and Ipsos, a global independent market research company. Continue reading