Dive Brief:
- Haverford College may scrap the "no-loan" financial-aid policy it adopted in 2007.
- College officials say the policy is too expensive and a vote on whether to continue it is expected in February.
- Current students and those applying for admission this fall would not be affected by any changes.
Dive Insight:
If the policy changes, students would be required to take out relatively modest loans compared to typical student debt at many private colleges. The no-loan policy hasn't been in place for long, though. If the college is struggling to keep up with this policy financially, one wonders why that couldn't have been foreseen six years ago.
