"Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans."
18 Schools That Meet Full Financial Need With No Loans
Source Date:
Saturday, September 8, 2018
Categories:
A few colleges and universities help students avoid crippling debt by offering generous financial aid packages.
When it comes to debt, last year's college grads who borrowed student loans took on nearly $30,000 in loans to pay for their education, according to data reported to U.S. News in an annual survey. For that reason, college affordability is a top concern among many prospective students.
Schools like Harvard University in Massachusetts and the University of Pennsylvania offer no-loan financial aid policies to reduce students' debt loads. These no-loan institutions typically remove student loans from financial aid packages and only feature grants, scholarships, work-study aid and other components.