a PSC In The News reference
"US Wealth Gap between Young and Old is Widest Ever" - USA Today. 11/08/2011.
Census data show the typical U.S. household headed by a person age 65 or older has a net worth 47 times greater than a household headed by someone under 35. Given this climate, Sheldon Danziger notes that diminishing subsidies for college tuition is having a disproportionate impact on low-income students.