Wesleyan Goes Loan-Free for All Students

Wesleyan University (CT) announced Thursday that it would eliminate loans from its financial aid packages, joining a select group of institutions that commit to meeting all students’ demonstrated financial need, beginning next fall. President Michael S. Roth said that expanding Wesleyan’s “no-loan” policy from its current level—for students with family incomes under $120,000—would make the private university more affordable for middle-class families.