Williams College Eliminates Loans From Financial Aid Packages
Williams College announced that beginning with the 2008-09 financial aid packages, all loans will be replaced with grants. This is an attempt to allow Williams students to graduate college and enter the workplace without the added burden of a high debt due to college loans.
In turn this may allow many to have a greater choice in the post-college career they decide to follow. In the past many had to forgo more fulfilling but lower paying jobs because of the high loan repayment costs.
The estimated cost of the loan elimination will be about $1.8 million.
Technorati Tags: Scholarships Williams CollegePaying for College College Loans
Williams College announced that beginning with the 2008-09 financial aid packages, all loans will be replaced with grants. This is an attempt to allow Williams students to graduate college and enter the workplace without the added burden of a high debt due to college loans.
In turn this may allow many to have a greater choice in the post-college career they decide to follow. In the past many had to forgo more fulfilling but lower paying jobs because of the high loan repayment costs.
The estimated cost of the loan elimination will be about $1.8 million.
Technorati Tags: Scholarships Williams CollegePaying for College College Loans
Labels: college grants, college loans, financial aid, williams college
posted by Ken MacKenzie at
5:13 PM
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