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Students, alums talk no-loan initiative, the first good news since February - Vimarsana News

Students, alums talk no-loan initiative, the first good news since February

guptasha@grinnell.edu oldmadel@grinnell.edu President Anne Harris’ email announcing Grinnell College’s no-loan initiative delivered something that is, in 2020, an even rarer commodity than toilet paper: good news. Starting in fall 2021, the financial aid packages Grinnell offers its students will no longer include loans, meaning that, in theory, students who qualify for need-based aid will be able to graduate debt-free. To students, the announcement came with little warning. “I was really astonished that Grinnell would do that, even though it makes total sense,” said Claire Liddle ’...