February 16, 2001

Upping the Ante for Student Aid

By ANDREW BROWNSTEIN

Princeton replaces loans with grants, and the rest of higher education struggles to keep up

For the lucky few who will make up Princeton University's next freshman class, the university's recent announcement that it was eliminating loans for undergraduates and replacing them with grants was a great relief.

For just about everyone else in higher education, the move seems to have sparked an epic case of anxiety.

That's because the decision, for all

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