The move comes a week after Williams College, a private liberal arts school in Williamstown, Mass., became the first school to announce it would rescind a no-loans policy, starting in fall 2011. Williams has said the neediest students will not be required to take out any loans, but it has not announced details.
"Our financial aid program will continue to be one of the most generous anywhere, as it should be, and we are convinced that Williams will remain financially attractive to aided students at all levels of income," interim President Bill Wagner wrote in a Jan. 31 letter.
I can't imagine this will be good, but everyone already applied, and it won't affect those who matriculate, soooo.....
who knows.
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