Haverford College is one of the latest, in a growing list of schools, to replace student loans with grants in an effort to increase the affordability of college. Starting next year, the Quaker school will eliminated loans for freshman and finance the effort by establishing an endowment funded by alumni.
Check out the entire article at:
http://www.philly.com/inquirer/education/20071220_Haverford_College_moves_away_from_loans.html
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