Ohio State University and Smith College are the latest institutions to try to spare another generation of undergraduates from shouldering an all-too-common burden: student debt. Starting next fall, the schools will take loans out of their financial packages and instead pour philanthropic dollars into more grant aid for undergraduates. The decision is rooted in an awareness that affordability is at the heart of national conversations about student debt. The public policy debate over broad student debt cancellation is forcing colleges to confront their role in a lending system that provides critical access for those wanting to attend but comes at a cost that can limit the value of higher education
https://www.washingtonpost.com/education/2021/12/11/colleges-remove-student-loans/
