The number of colleges getting rid of student debt is growing
Carleton College recently joined a list of schools, including Harvard and Yale, that have eliminated student loans from their financial aid packages.
Read Full Article on Business InsiderAI SUMMARY
# Summary Carleton College has joined elite universities including Harvard and Yale in eliminating student loans from financial aid packages, a growing trend among colleges that could reduce demand for federal student loans and impact education-focused lending markets. This shift toward grant-based aid packages rather than loans may affect student loan servicers and create competitive pressure on other institutions to adopt similar debt-elimination policies.
More Business News
I grew up in New England. Fall is the best time to visit — but first-time tourists often make 4 avoidable mistakes.
Live Q&A: Apple Store pioneer Ron Johnson talks retail strategy, careers, and lessons from Steve Jobs
I commute from NYC to Washington, DC, every week. It's not so bad — and even my long Amtrak rides have surprising perks.
Sam Altman says some AI accidents are 'unavoidable'
I had a long-distance relationship for 3 years. We now live together, but our situation was perfect for my 20s.
Content sourced from Business Insider. Not financial advice.