Davidson Eliminates All Loans

By Stephen Downes - Stephen's Web. Davidson Eliminates All Loans
When I was a student demonstrating in the streets for accessible education the call was for "grants not loans." All I got were loans, which left me with decades of debt and which have never been paid off to this day. While education is the great equalizer, I reckoned, the burden of debt was the tax I paid for being poor. It was the way the rich made sure I never really gained equality. So it makes me happy to see some colleges eliminating loans from their financial package entirely. More...