<p>a number of colleges have announced that
they are doing away with loans for low incomes
and even some middle incomes. When are some
of the lower level schools going to announce
loan limits? Which schools?</p>
<p>I would guess your question is rhetorical-- any school that is able to do away with loans for students would have a very large endowment that can bear the cost of the loans>grants. Unfortunately, most schools are not in that enviable position, so it depends on the school’s endowment, financial aid policies, etc. Paying for college is really getting to be a serious business, and there are many articles in the news about this. Today’s NY Times has one to check out:
<a href=“http://www.nytimes.com/2008/04/12/business/12loan.html?ex=1365739200&en=b12d3dcb3026219d&ei=5089&partner=rssyahoo&emc=rss[/url]”>http://www.nytimes.com/2008/04/12/business/12loan.html?ex=1365739200&en=b12d3dcb3026219d&ei=5089&partner=rssyahoo&emc=rss</a></p>