NAICU's University & College Accountability Network

At Davidson, Getting Rid of Loans Shows Early Signs of Success

Chronicle of Higher Education

July 7, 2008

Top colleges competed fiercely this spring to offer the best financial-aid packages for lower-income and middle-class students - and, in many cases, eliminated loans altogether. It is not yet clear what impact those new policies will have. But if Davidson College is any indication, they may well do just what the colleges wanted.

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