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Davidson College Sees Positive Results After Eliminating Student Loans
09 July 08 08:44 PM | Student Loan Girl | 0 Comments   

Princeton was the first university to completely eliminate student loans from its financial aid packages in 2001, and Harvard’s announcement to follow in Princeton’s footsteps this fall garnered national media attention as no-loan financial aid policies began to turn up across the Ivy League and at other elite schools nationwide. But it’s small, selective, liberal arts Davidson College in North Carolina that’s already seeing results after getting a head start over the rest of the Ivies by doing away with student loans last year. Read More...

Filed under: Amherst, Christopher Gruber, Chronicle of Higher Education, college, college loans, Columbia University, Dartmouth, Davidson College, debt, federal student loans, financial aid, Harvard, higher education, Jonathan Epstein, loan caps, Maguire Associates, NextStudent, North Carolina, Princeton, private student loans, Stanford, student loan debt, student loans, Swarthmore, tuition, Yale

Amherst Becomes Third College to Eliminate Student Loans From Financial Aid Packages
25 July 07 03:46 AM | Student Loan Girl | 0 Comments   

In a press release issued last Thursday, Amherst College announced that it would eliminate all loans from student financial aid packages, replacing them with grants—which do not need to be repaid—beginning with the 2008–09 academic year (“ Amherst College Read More...

Filed under: Amherst, Davidson College, financial aid, Need-Based Aid, need-blind admissions, NextStudent, no-loan policy, Princeton University