4 ms·
This totally might be the case. However it's still a good change and might lead to other colleges following suit. I'm reminded of a recent trend among the Ivies
by virtuous_signal 7y ago
This totally might be the case. However it's still a good change and might lead to other colleges following suit. I'm reminded of a recent trend among the Ivies where Princeton was the first to eliminate loans from its financial aid packages[1] and instead offer only grants. Of course they have the largest endowment per student in the country, so the amount they collected from low-income students via loans was probably trivial. However it did seem to kick off a trend to the extent that all of the ivies[2] (dartmouth and cornell being more stringent) have replaced loans with grants for low-income students.
[1] https://paw.princeton.edu/article/no-loan-pledge-decade-later https://paw.princeton.edu/article/no-loan-pledge-decade-late...
[2] https://blog.collegevine.com/does-the-ivy-league-offer-scholarships/ https://blog.collegevine.com/does-the-ivy-league-offer-schol...