Brown University is getting rid of Student Loans

This is very big news for people “in the middle” – make over $100k so expected to pay a lot of tuition, but don’t make nearly enough to afford Brown without financial aid. Our son’s FA package included $5k in student loans for this, his freshman year, and the amount would have gone up by about $500 in each of the subsequent years. So this will free him of about $18k in student loan debt over the next three years at Brown