Syracuse University must work to reduce student loan debt - The Daily Orange Editorial Board

The University of Chicago announced last week that it will replace student loans with grants starting in Fall 2015, according to the U.S. News and World Report. The change will affect students that receive need-based aid and aims to reduce the number of students that need to apply for loans. Syracuse University should also review how it can reduce student debt in the future. The University of Chicago has joined more than 50 colleges in the U.S. — including Yale, Harvard and Cornell University — that have pledged to eliminate or decrease the need for students to take out loans, according to U.S. News and World Report. http://dailyorange.com/2014/10/su-must-work-to-reduce-student-loan-debt/