Member School News: Brown University is doing away with student loans


See original article at Quartz: https://qz.com/1152461/student-loans-are-ending-for-brown-university-students/

"Beginning next school year, Brown University will eliminate all student loans in its undergraduate financial aid packages, replacing them with scholarships. Following a $30 million fundraising effort launched in September, Brown administrators announced this week that 2,087 donors contributed toward the goal, and that the school—located in Providence, Rhode Island—plans to raise $90 million more to sustain the scholarship giving."