Abstract

Several wealthy colleges and universities have recently begun removing all loans from low-income students’ financial aid packages. This article reports on a study that found that the introduction of “no-loan” policies has positively impacted low-income enrollments, suggesting that this aid strategy may be an effective, though limited, way of increasing economic diversity on campus.

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Additional Information

ISSN
1538-4640
Print ISSN
0022-1546
Pages
pp. 806-833
Launched on MUSE
2013-11-06
Open Access
No
Archive Status
Archived
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