I came across this article from the Chronicle-Telegram a small newspaper in Ohio. It describes a small school (Oberlin College) that has developed a new initiative to help out needy college students. The articles says:

“The college has introduced a new program that will eliminate the need for loans for students who are among the neediest financially and who are eligible for federally funded Pell Grants.

To be known as the Oberlin Access Initiative, the effort is part of a broader goal of the college and a growing trend nationally to afford opportunties for families who “are among the most disadvantaged in American society,” said Debra Chermonte, Oberlin College’s Dean of Admissions and Financial Aid.”

Sounds pretty cool huh? Sure does! And how does this help you? Well, unless you go to Oberlin it probably doesn’t. However, Oberlin isn’t the only school that is developing a program like this. I’ve also read that Harvard is planning on taking similar measures to make college more affordable.

Let’s hope that these measures will start a trend for all schools! I’ll keep you posted with further news as I find it!

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