Harvard Implements “Scholarships for All Students - No Loans” Policy

Harvard and Yale announced they will be be providing financial aid to families who make under $180,000 per year in a move that sets a new standard for all private universities to include students of all economic backgrounds.

The move by private schools to assist through expanded scholarships and grants is in stark contrast to the often corrupt and exclusive “student loan” system that state schools use.

“Across the country, states provide state loans to students through non-profit corporations that are accountable to no one and increasingly corrupt.” Like the “Iowa Student Loan Liquidity Corp.” which is just one private loan offender that is under investigation by the attorney general.

Meanwhile, students attending the private University of Iowa graduate with an average of $20,234 in debt, well below the national average. Read more